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Five KCB Wau branch managers sentenced over embezzlement

Author: Michael Daniel | Published: Wednesday, February 7, 2024

KCB satff sent behind bars over embezzlement|Photo| Courtesy

The high court in Juba has sentenced five senior staff of Kenyan Commercial Bank to 9 years imprisonment for embezzling $2 million and SSP 100 million from the Wau branch.

The court ordered the convicts pay back the stolen money to the Bank.

It also imposed a one million pound fine one of the convicts and acquitting another.

This came after the internal auditor on June 2022 discovered the disappearance of $2 million and SSP31 million S fromĀ  the bank treasury in two of the Wau branchesĀ  in Western Bahr el Ghazal State.

This prompted the bank administration to file a criminal case against the Bank branch manager, operation manager and treasury custodian, among others.

Prior to the verdict, the accused made judicial confession to the crime.

Branch manager Madit Steven Jok admitted he was responsible over the disappearance of $1,93,000 and SSP 13,328,530

The second accused, the court identified as Daniel Akoi Jok confessed of taking $ 330.000 and SSP 59,373.825 while Juma Sabeno Augustino who was the third accused admitted stealing 530,000 US dollars.

Presiding Judge Alexander Subek Sabor sentenced the two and three others namely Lino Arkangelo Mongo and Musa Agad Abdallah to 9 years imprisonment on two criminal charges.

“The court has convicted Madit Steven Jok, Daniel Akoi Jok, Juma Sabenio Augustino, Lino Arkangelo Mongo and Musa Agad Abdallah to 2 years imprisonment for violating the section 346 of South Sudan Penal act 2008.

“And also you are hereby sentenced to 7 years imprisonment for violating the section 351 of South Sudan Penal act 2008 the two penalties will be served sequentially.

“The court imposed one million South Sudan Pound as fined on the seventh accused Faisal Mohamad Hamedi if he fails to pay, he will serve 5 months in jail staring from today 6/2/2024, acquitted the eight accused Al Shafique Ahamed Yacob,”

They will serve two years for violating sections 346 and 351 of the South Sudan Penal acts 2008

The convicts have two weeks to appeal against the verdict.

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