Sharp Daily
No Result
View All Result
Wednesday, October 8, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Ill-Famed Kenyan ‘Businesswoman’ Arrested over Suspicion of Drug Trafficking

Effie Zuma by Effie Zuma
August 22, 2023
in News
Reading Time: 2 mins read

The infamous ‘Mathe Wa Ngara’ was recently arrested by the Directorate of Criminal Investigations (DCI) in Nairobi CBD, on allegations of drug trafficking and possession of Kshs 13.4 million stack of cash seized earlier this month in Parklands.

The controversial Kenyan businesswoman, officially identified as ‘Nancy Kigunzu Indoveria’ is currently being held at the DCI headquarters, where she is supposedly undergoing questioning. The suspect had earlier moved to petition the court to halt what she perceived as her imminent apprehension, seeking to be granted anticipatory bail. Nancy claimed in court that authorities arrested her unfairly and fabricated accusations in a tactic meant to intimidate her.

Police also arrested the suspect’s two sons, aged 16 and 17, and Miss Theresiah Wanjiku during the raid, who is currently still in custody. According to the authorities, 26 sacks of marijuana were seized alongside the money. Danston Omari, Ms Kigunzu defence counsel, has since appeared in a court at the Jomo Kenyatta International Airport (JKIA), bringing a motion seeking to bar the police from detaining the three for an additional three days.

Nancy informed the court that she had only learnt of plans to arrest her through social media and ran a legitimate business enterprise. She reiterated her commitment to being an upright and law-abiding citizen, asserting her history of steering clear of activities that are detrimental to the law.

RELATEDPOSTS

Artificial intelligence: Kenya’s next frontier for innovation

January 29, 2025

The case for governments enabling, not competing with, private enterprises

January 7, 2025

She further added that the detention of her two sons constitutes malicious intent by the police and a clear disregard for the rule of law. Law enforcement had been tracking Ms. Kigunzo for a considerable period, with her pursuit stretching as far back as 2018, when the National Intelligence Service (NIS) labelled her as a notorious drug peddler.

Kigunzu has reportedly been accused of evading arrest on multiple occasions, including compromising various police officers in Nairobi stations. She is alleged to have been arrested in June 2022, after which she was released on a Kshs 500,000 fine.

Previous Post

Laptrust Imara I-Reit to Maintain its NAV-Based Pricing till March 2026

Next Post

Kenya Set to Retreat from the Fuel Import Scheme with Gulf Nations

Effie Zuma

Effie Zuma

Related Posts

News

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025
News

Argentina’s crisis and Kenya’s lessons on political economy and market confidence

September 25, 2025
News

Kenya’s financial system remains stable but faces rising risks

September 25, 2025
News

Where do Kenyan stock returns come from? A napkin framework

September 19, 2025
News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025
Private equity investment business concept
News

Private equity and insurance

September 4, 2025

LATEST STORIES

The economic and environmental gains of Kenya’s LPG shift

October 8, 2025

Equities, Bonds, or Fixed Deposits?

October 7, 2025

Kenya’s Inflation is creeping up, What it means for investors

October 7, 2025

The Role of Micro-Pensions Plans in Kenya

October 3, 2025

Understanding the link between international aid and cooperative finance stability in Sub-Saharan Africa

October 3, 2025

Kenya Pipeline Company IPO

October 3, 2025

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025

Kenya’s Regulated SACCOs Cross Trillion Shilling Mark

October 2, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024