Capital DT Sacco CEO charged over alleged Sh39m theft
According to the charge sheet seen by Capital Business, Murithi is accused of stealing the funds on diverse dates between February 23, 2026 and April 25, 2026 at the Sacco's head office in Meru County...
✨ Key Highlights
Capital DT Sacco Society Ltd Chief Executive Officer Stephen Murithi has been charged with the alleged theft of Sh39 million belonging to the cooperative society.
- The amount allegedly stolen is KSh39,000,000.
- The key individual involved is Stephen Murithi, CEO of Capital DT Sacco Society Ltd.
- The alleged theft occurred between February 23, 2026 and April 25, 2026 at the Sacco's head office in Meru County.
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Tourism Sector Challenges Mount Over Mandatory Insurance Rule - August 2026
Kenya's tourism sector is experiencing significant concern following the government's introduction of a mandatory health insurance requirement for all foreign visitors, a move now facing a legal challenge. The policy has created uncertainty among industry players about implementation and potential impacts on visitor numbers. Kenyan insurtech firms have meanwhile raised Sh8.5 billion over the past five years, indicating growing investor appetite for insurance technology in the region. Separately, the CEO of Capital DT Sacco Society Ltd, Stephen Murithi, was charged with the alleged theft of Sh39 million belonging to the cooperative society, highlighting ongoing challenges in Kenya's financial sector.
