Kevin Kunga Mwaka was on Wednesday charged in a Milimani court with electronic theft of more than Ksh294 million.
The 24-year old man was charged for fraudulently and with intent to steal, interfered with data in Family Bank’s banking system by altering 22 prepaid card balances involving Ksh 294,800,003.
According to his charge sheet, the accused is noted to have dishonestly received Ksh15 million in his Family Bank account.
It is however believed that the money was stolen.
Kunga was also charged of conspiracy to steal Ksh294 million from Family Bank.
He pleaded not guilty to the charges and the prosecution did not object to his release on bond and bail.
Appearing before Principal Magistrate Martha Mutuku, his lawyer applied to be furnished with the charge sheet and all documentary evidence that the prosecution would rely on in the matter.
His lawyer further submitted: “Your honour, the man before you is barely 24-years-old with known place of abode. He voluntarily surrendered to the Directorate of Criminal Investigations and, therefore, he is not a flight risk.”
He was first arraigned in court on November 1, 2018 and January 20,2019.
The court later granted Kunga Ksh2 million bond or Ksh1 million cash bail.