Court suspend warrants of arrest against Chase Bank directors in new Ksh1 billion theft case

A Nairobi court has allowed three former managers of Chase Bank (K) Limited to present themselves in court without coercion.

Duncan Kabui Gichu, James Mwaura Mwenja, Makarios Omondi Agumbi former managers at the bank were to be charged alongside the banks former Chairman Zafrullah Khan in a new case os money laundering.

They, however, did not appear in court and the prosecution was digging for their arrest. 

Their lawyer,Cecil Miller who is also acting for Zafrullah, and all of them in two separate cases involving alleged money laundering  told the court his clients absence was not intentional.

He  won the reprieve after making an undertaking to present them to court personally on September 17 2018.

“Their absence is simply because Banking Fraud Unit had not called me for the purposes of appearing before them(investigators)…they called accused number one whom I represent, personally, for charge and caution,” he told the trial magistrate.

Miller said there was no need to issue warrants of arrest as accused persons have faithfully attended the separate cases arising from similar transactions at the bank.

The ex-bank bosses have been charged afresh in a case that has roped in Kibwezi West Mp Patrick Musimba and his wife Angela.

Musimba and his wife were not lucky as they were absent and did not send any representation in court.

Subsequently, the trial court issued warrants of arrest against the couple and two companies associated with them.

They are accused of stealing Ksh 1,150,125,587.20 between January 23 2015 and March 2016 at Chase Bank(K)limited head office in the city.

Patrick and Angela  are accused of stealing the money  alongside former Chase Bank chairman Mohammed Zafrulla Khan and the bank’s former managers

Zafrullah has been detained pending a ruling on his bond terms after the prosecution objected to his release on bail.

"I would like to humbly apply that the bond terms in the other two cases abide in this matter," Miller submitted adding that the reason being that this case relates to the other two.

He said his client is ailing an needs urgent medical attention in the US.

Miller told the court that in the former cases the suspects were released on Ksh2 million cash bail.