Co-operative Bank employee charged with stealing client's Sh4m

NAIROBI, KENYA: A Co-operative Bank employee has been charged in an Eldoret court with obtaining money from a client through false pretences.

Timothy Kosgey is accused of illegally withdrawing over Sh4.1 million from Ann Jepkemboi's account at the bank’s Eldoret branch.

He allegedly committed the offence on diverse dates between October 28 and November 25, 2016 without the authority of the client.

It is alleged that Kosgey, who worked as a teller, used his privilege as an employee of the bank to access Jepkemboi's account details, and used them to withdraw Sh4,168,000 masquerading as the owner of the account.

He denied the charge before Principal Magistrate Harrison Barasa and was released on a Sh1 million bond with a surety of the same amount.

The magistrate ordered that the accused be accorded all witness statements ahead of the commencement of hearing on November 13.