3 suspects in KCB heist released on Sh4 million bond each

Helford Munene, Charles Mwangi and Julius Ndung'u at Thika Law Courts []

A Thika court has freed three suspects who engineered Sh50 million heist at Thika KCB branch on Sh4million bond each.

Helford Murakaru, 32, Charles Mwangi, 30, and Julius Ndung’u, 32 were arrested in connection with the grand theft.

They took a not guilty plea.

Thika chief magistrate Theresa Murigi set the bond on Thursday and also asked them to deposit sureties of the same amount.

The money was reported missing on November 20.

The suspects who were disguised as book sellers in an adjacent stall dug a 30-metre long tunnel leading to the bank’s vault which houses the safe.

They stand accused of stealing Sh52,650,000, 95 Australian dollars, 185 Euros, 1,630 Pounds, Tsh 271,000, Ush947,000, $5,781, 40 South African Rand and five Canadian dollars, reports the Star.

They have also been charged with handling stolen property and dishonestly handling Sh17,135,000, $1,311, 340 Pounds, 3,660 Euros, five Canadian dollars, 85 Australian dollars, Tsh26,000, 40 South African Rand and Ush20,000.

About Sh17 million has already been recovered by police.