G4S workers and bank staff ‘colluded to steal Sh24m’ - Daily Nation

G4S workers and bank staff ‘colluded to steal Sh24m’

Wednesday June 18 2014

A G4S security guard. Two employees of security firm G4S and a bank manager illegally transferred Sh24.2 million belonging to the company. FILE | PHOTO

A G4S security guard. Two employees of security firm G4S and a bank manager illegally transferred Sh24.2 million belonging to the company. FILE | PHOTO 

By NATION REPORTER
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Two employees of security firm G4S and a bank manager illegally transferred Sh24.2 million belonging to the company.

Ms Bibian Nyaga and Mr Patrick Wachira appeared in court Wednesday charged with stealing the money alongside Standard Chartered Bank operation manager Mary Atieno.

Mr John Kamau and Mr Patrick Njau, directors of a company known as Kawanja Enterprises, allegedly received the money. They too are on trial.

An investigation officer, Mr John Shegu, told the court that forgeries at the G4S offices in Industrial Area, Nairobi, and a deliberate omission on a counter-check measure at the bank preceded transfer of the money to the alleged beneficiaries in Kitale.

Mr Shegu said the money checked out of the G4S system through a self-generated cheque and was supposed to be surrendered to the Kenya Revenue Authority being VAT “but was instead wired to Kawanja Enterprises.”

He said Ms Nyaga omitted to indicate the serial number of the Sh24 million cheque in a dispatch register when she took it to the bank, where Ms Atieno neglected to call back G4S as required for any transactions above Sh1 million to confirm the signatories.

The authorised signatories disowned the transfer, the court heard.

Hearing continues on July 30.