Sharp Daily
No Result
View All Result
Saturday, June 13, 2026
  • 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

Four arrested in KES 94 million Wells Fargo heist, KES 9.1 million recovered

Brian Murimi by Brian Murimi
November 12, 2023
in News
Reading Time: 1 min read

Four men connected to the theft of KES 94.9 million in cash from Wells Fargo employees on November 6 have been arrested in Nairobi, and KES 9.1 million believed to be part of the stolen money has been recovered, Kenyan authorities said Sunday.

The arrests were made by detectives from the Directorate of Criminal Investigations headquarters backed up by officers from the Nairobi region, according to a statement.

Ismael Patrick Gitonga, believed to be the driver who helped the Wells Fargo employees steal the money from the company truck in South C, Nairobi, was the first suspect detained in Rongai.

Investigators then went to Njiru in Kayole, where they found Gitonga’s Toyota Fielder being modified by Michael Matoro Njeru and Samuel Onyango. The two men were arrested and the car seized, the statement said.

RELATEDPOSTS

Court upholds wells fargo staff dismissals, reduces compensation award

June 9, 2026

Nyanza police make breakthrough in Wells Fargo HR manager murder case

October 31, 2024

Martin Nderi Ng’ang’a, the fourth suspect, was arrested near Thika Road Mall in Roysambu. At his rented home, also in Roysambu, detectives recovered KES 9.1 million,, which they believe to be part of the stolen money.

The cash box used to transport the money was found in a forest near Gataka Market in Karen after Ng’ang’a told police its location. Investigators think the forest was where the suspects met to divide the money before going into hiding.

“Investigations are ongoing,” the DCI statement said.

Previous Post

KCB Group: An undervalued gem amid the gloom on the NSE?

Next Post

Kenya Ports Authority disputes oil tanker’s cargo documents

Brian Murimi

Brian Murimi

Brian Murimi is a communications and advocacy professional with a focus on innovation, policy and continental development in Africa. A former journalist, he now works at the intersection of knowledge, strategy, and pan-African institution building.

Related Posts

News

June 12, 2026
News

Where Fintech Companies Actually Make Their Real Profits: Beyond Payments and Transaction Fees

June 12, 2026
News

Why Revenue Growth in Fintech Can Be Misleading: The Hidden Economics Behind Digital Payments

June 12, 2026
News

Finance bill 2026: key tax reforms and economic impact in kenya

June 12, 2026
News

INVISIBLE TRANSACTIONS: THE FUTURE OF PAYMENTS

June 12, 2026
News

Kenya’s Growing Reliance on Domestic Borrowing: Opportunity or Crowding-Out Risk?

June 12, 2026

LATEST STORIES

June 12, 2026

Where Fintech Companies Actually Make Their Real Profits: Beyond Payments and Transaction Fees

June 12, 2026

Why Revenue Growth in Fintech Can Be Misleading: The Hidden Economics Behind Digital Payments

June 12, 2026

Finance bill 2026: key tax reforms and economic impact in kenya

June 12, 2026

INVISIBLE TRANSACTIONS: THE FUTURE OF PAYMENTS

June 12, 2026

Kenya’s Growing Reliance on Domestic Borrowing: Opportunity or Crowding-Out Risk?

June 12, 2026

Family Bank’s NSE Listing: A Long-Overdue Milestone for Kenya’s Capital Markets

June 12, 2026

Kenya’s Small Banks Given Until 2032 to Meet Kshs 10 Billion Core Capital Requirement

June 12, 2026
  • 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