Nyachae son Michael Moragia charged with theft, released on Sh50,000 cash bail
A son of former powerful Minister Simeon Nyachae who is also the Development Bank of Kenya (DBK) Chairman Michael Moragia Nyachae was Friday charged with theft of Sh1.2 million. The businessman was accused of allegedly stealing the money from his family’s business, Sansora Group Limited. The 62-year-old man was alleged to have stolen the money [...] The post Nyachae son Michael Moragia charged…
Michael Moragia Nyachae, son of former powerful Minister Simeon Nyachae and chairman of Development Bank of Kenya (DBK), was charged with theft of Sh1.2 million on Friday. The businessman allegedly stole the money from his family's business, Sansora Group Limited, between 28th March, 2019 and 28th September, 2021 at Kisii County. Moragia was arrested on Thursday in Bomet County and released on Sh50,000 cash bail by Milimani Court Principal Magistrate Caroline Nyaguthii. The case will be mentioned on September 29, 2026.
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