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Ex-Rongsheng Accountant Charged Over Ksh 13 Million Fraud and Money Laundering in Nairobi
"Though we do not oppose the accused being released on bond, we urge the court to consider the magnitude of the offence and grant reasonable terms that commensurate the offence," the state prosecutor submitted.
An accountant has been charged in a Nairobi court with stealing Ksh 13 million from a company he worked for.
James Githinji Muchira appeared before the Milimani Senior Principal Magistrate Teresiah Nyangena and was charged with five counts of stealing by a servant, making a false document, money laundering, use of proceeds of crime, and acquisition of proceeds of crime, contrary to the law.
He was charged that on February 19, 2026, at an unknown place within the Republic of Kenya, being an employee at Rongsheng Technology Limited, Head of Accounts, he stole Ksh 13 million, which came into his possession by virtue of his employment. The money was the property of the aforementioned company.
In another charge, Muchira was charged with making a false document without authority, to wit, a Retail Cooperation Agreement purporting it to be a genuine document between Shalery Logistics and Rongsheng Technology Limited.
On February 20, 2025, at an unknown place within the Republic of Kenya, he transferred Ksh 11,998,989 from Family Bank in the name of Shalery Logistics to the account of Caroline Murugi Njoroge while knowing the money was part of the proceeds of crime.
He denied the charges and pleaded with the court to be released on lenient bond terms, citing that the investigations had been ongoing since last year and the accused had been fully complying with investigators,
“Your honour, my client has been complying fully with investigators. He was released on a police bail of Ksh 200,000, and I would request this court to apply the same terms,” the defence submitted.
The prosecution did not oppose the bail application but urged the court to apply its discretion while granting bond, considering the change of circumstances,
“Though we do not oppose the accused being released on bond, we urge the court to consider the magnitude of the offence and grant reasonable terms that commensurate the offence,” the state prosecutor submitted.
The court granted him a bond of Ksh 1 million with a surety of the same amount or a cash bail of Ksh 200,000 with three contact persons.
The matter will be mentioned in two weeks’ time.
