Andrew Okoth Onanda was accused of obtaining the money between June 30 and July 7, 2023, by falsely presenting a Cooperative Bank cheque to offset a previous loan.
Also Read: Susan Gathoni Karuthi Detained Over Ksh 447,000 Fraud
He is said to have used his membership to incur a liability of Sh4,893,000, misrepresenting the transaction.
Additionally, Andrew Okoth Onanda faces charges of money laundering for allegedly obtaining Sh1,821,700 from the Sacco between June 30 and July 10, 2023, through his mobile phone number. He is accused of transferring the proceeds to other accounts, aiding in the concealment of the illicit funds.
Further charges include illegally obtaining Sh922,930 from Sacco, which he allegedly transferred, making it difficult to trace the source of the funds.
