NAIROBI, Kenya Aug 25 – Two more suspects have been charged over the alleged Sh1.569 billion fraud involving the Programme for Rural Outreach of Financial Innovations and Technologies (PROFIT), bringing to 13 the number of people arraigned in the case.

📻 Breaking It Down

Eric Otieno Achila, proprietor of Dangzerina Enterprises, and Susan Wangari Gathiaka, proprietor of Maxtor Supplies and Graybar Distributors, appeared before the Anti-Corruption Court in Nairobi on Tuesday and denied the charges.

The two were among 11 additional suspects identified by the Ethics and Anti-Corruption Commission (EACC) during investigations into the alleged loss of funds from the PROFIT Programme.

Achila faces three counts, while Wangari faces four counts linked to the alleged fraudulent disbursement of Sh1.569 billion from the National Treasury Development Account to the programme.

📌 What You Need to Know

The prosecution, led by Assistant Director of Public Prosecutions Susan Keli, Principal Prosecution Counsel Jeremiah Walusala and Prosecution Counsel Brian Mulsisa, did not oppose their release on bond.

However, the prosecution asked the court to consider the nature and magnitude of the alleged offences when setting the bond terms.

The prosecution also asked the court to require the two suspects to surrender their passports, seek permission before travelling outside the court’s jurisdiction and refrain from interfering with witnesses.

Chief Magistrate Harrison Barasa Owima granted Achila a Sh1.5 million bond with a surety of a similar amount, or cash bail of Sh650,000.

Wangari was also granted a Sh1.5 million bond with a surety of a similar amount, or cash bail of Sh700,000.

The case will be mentioned on September 2, 2026, for an update on the proceedings.

📰 Source: Capital FM Kenya