EX DUBAI BANK BOSS AND FORMER KQ STAFF CHARGED OVER SH.512M FRAUD

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Former Dubai Bank boss Hassan Zubedi alongside five former employees of Kenya Airways were charged afresh with conspiracy to steal over Sh521 million.

Elijah Githinji, Grace Mathenge, Jane Kiboi, Jackson Njiiri and Elias Kyalo Ngai alongside the Dubai ex-boss conspired to steal KQ property worth Sh 521, 939,870.

The alleged theft happened between January 1, 2013 and December 30, 2015 at an unknown place, jointly with others not before court.

The six were further accused of money laundering, to wit, engaging in fraudulent cash transaction between Jan, 2013 and December 2015 in Nairobi County.

The actions of the culprits led Kenya Airways to lose Sh521,939,870.

Additionally, Zubedi is also facing a solo charge of stealing Sh8,500,000, the property of KQ between April 13 and May 27, 2015 at Dubai Bank Ltd Eastleigh.

The court further heard that on or before April 4, 2015 at unknown place, Githinji with others not before court with intent to defraud, forged Citibank account advice report for Sh 21,949,849 and Sh 13,500,000.
They claimed them to be genuine and valid account statement advice reports of the above account, a fact he knew was false.

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