Senior Treasury employee charged in a Sh800 million heist
He was brought to court on a warrant of arrest having skipped court for close to a month.
A senior Treasury official, Mr Billy Otieno Obango, has been charged in connection with a Sh800 million heist from the National Treasury, according to prosecutors. The charges were brought before Principal Magistrate Rose Ndombi at the Anti-Corruption Court. Obango, who skipped court for nearly a month, claimed he had health issues, but denied the allegations of abusing his position to improperly pay himself Sh799.84 million through cheques from a Cooperative Bank account linked to the National Treasury's Project Accountant Programme for Rural Outreach of Financial Innovation and Technology (PROFIT) between June 1, 2019 and June 30, 2022.
Obango and Gladys Juliet Oroni, also known as Gladys Juliet Chepkarat, were alleged to have jointly acquired Sh173.3 million from a National Treasury account, knowing it was proceeds of crime. They also withdrew Sh897,000 from a KCB account, and transferred Sh23.4 million to conceal the nature of the funds. Obango was granted bond of Sh15 million or cash bail, while Shilaho, who faced charges of unlawful acquisition of proceeds of crime of Sh9.8 million from KCB, was also released on a bond.
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