The Directorate of Criminal Investigations (DCI) has arraigned four suspects in connection with a sophisticated internal fraud scheme that allegedly cost a Nairobi-based company more than Ksh.31 million.
In a statement posted on its official X account on February 23, 2026, the DCI said the suspects; Esbon Wamathu Wandugo, Albert Kiptanui Kosgei, Mary Wamoyo Muriuki and Godfrey Otieno Owino, were charged after investigations uncovered a calculated plan to siphon Ksh.31,053,520 from Kaluworks Limited.
According to detectives, the four, who were employees entrusted with fiduciary responsibilities, allegedly abused their positions over an extended period between January 2024 and September 2025 within Makadara, Nairobi County.
“Deception was central to the execution of the fraud,” the DCI stated, noting that the suspects “willfully falsified accounting records by omitting critical material particulars from key financial documents, including payment vouchers, cashbooks and ledger accounts.”
Investigators say the manipulation of financial records misrepresented the company’s true financial position and concealed unauthorized withdrawals and transactions, enabling the suspects to drain millions without immediate detection.
The DCI further revealed that once the funds were fraudulently acquired, the suspects allegedly took deliberate steps to conceal the proceeds.
“The stolen monies were deposited into third-party accounts as well as personal bank accounts,” the agency said, describing the move as “a classic layering tactic associated with financial crimes and money laundering.”
The four accused have been charged with money laundering and acquisition of proceeds of crime under the Proceeds of Crime and Anti-Money Laundering Act (POCAMLA), as well as stealing by servant and false accounting by servant under the Penal Code.
They were released on a cash bail of KSh.500,000 with one surety of a similar amount or an alternative bond of Ksh.3 million.
The case will be mentioned on March 5, 2026, for pre-trial directions.
“As the judicial process unfolds, this case stands as a firm reminder that positions of trust must never be exploited, and that accountability remains paramount,” the DCI said.
