George Weke (right) and Boniface Amunga Biko at Milimani law courts. [Photo/the-star.co.ke]
Two more former senior managers of the National Bank of Kenya were arraigned before a Nairobi Court and charged with attempting to steal Sh1.6 billion.
Mr George Jaba, formerly chief credit officer, and Mr Boniface Amunga Biko, formerly corporate affairs executive director were facing 11 counts of fraudulent false accounting charges.
The two were being accused of allegedly attempting to defraud there employer between December 17 and 31, 2015 at the bank’s branch on Nairobi’s Harambee Avenue.
The court heard that the two made a false entry in the loan book account belonging to Transafric Timber Ltd, purporting to show that Sh50.2 million loan arrears owed by the firm had been cleared and the loan facility was a performing loan.
They are also charged with fraudulent false accounting by making false entries in the loan book accounts purporting to show outstanding loans of other companies.
The other alleged entries are Sh10,909,808.65, Sh8,735,661.85, Sh172,396,489.80, $779,175.26, Sh39,001,344.35, Sh86,323,702.05, $780,000.00, Sh305,763,000, Sh71,750,000 and Sh119,051,374.35.
Another former senior bank manager, Mr Dennis Chumbe was also charged separately with similar charges that he committed with the two accused persons.
The two accused persons however denied all the charges before Chief Magistrate Francis Andayi and were released on a bond of Sh3 million or Sh2 million cash bail each.
The case will be heard on October 31.