Wednesday, August 27, 2025 - Four suspects have been arraigned in court for allegedly siphoning Ksh 7,882,845 from accounts domiciled at Sidian Bank, a bank linked to President William Ruto.
The accused John
Oboni Odidi, Phostine Hesbon, Christiano Nangole, and Nelson Wafukho,
were charged with conspiring to defraud the bank on January 11th, 2025, at an unknown
location within Kenya.
According to the prosecution, the suspects worked jointly
with others to illegally withdraw the funds from multiple accounts.
John Oboni was accused of stealing Ksh
458,313 through his I&M Bank account from Nicholas Mulinge
Muindi, a Sidian Bank account holder.
Phostine Hesbon faced charges of receiving Ksh
451,346,
believed to be proceeds of crime, and separately charged with stealing the same
amount belonging to Sidian Bank.
Christiano Nangole was charged with retaining Ksh
113,220 in his Safaricom M-Pesa account, despite having reason
to believe it was stolen.
The four
appeared before Magistrate Godfrey Onsarigo, where they all denied the charges.
They were released on Ksh 1 million bond or an alternative cash bail of Ksh 300,000 each.
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