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4 officials linked to multi-billion fraud at KUSCCO to remain in custody

4 officials linked to multi-billion fraud at KUSCCO to remain in custody

NAIROBI, Kenya, Feb 14 – Four suspects linked to the ongoing investigations into financial mismanagement at the Kenya Union of Savings and Credit Co-operatives (KUSCCO), where billions of shillings were embezzled, will remain in custody pending the determination of their bail terms on February 18. The Directorate of Criminal Investigations (DCI) identified the four suspects as George Magutu Mwangi, Mercy Muthoni Njeru, George Ochola Owino, and Jackline Pauline Atieno Omolo. According to the DCI, the suspects, arraigned at the Milimani Law Courts, are facing multiple charges, including conspiracy to defraud, contrary to Section 317 of the Penal Code, and stealing by directors or officers of companies, contrary to Section 282 of the Penal Code. They are also accused of making a false document, contrary to Section 347(a), as read with