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Originally published by Nation Newstop
September 11, 2026
10h ago
Nyachae's son charged with stealing Sh1.2m from family firm
Michael Moragia Nyachae pleaded not guilty to the charge at a court in Nairobi...
✨ Key Highlights
Michael Moragia Nyachae, son of the late former Minister Simeon Nyachae, has been charged with allegedly stealing Sh1.2 million from a family company, Sansora Group Limited.
- Alleged theft of Sh1.2 million occurred between March 28, 2019, and September 28, 2021.
- The accused, Michael Moragia Nyachae, is also the chairman of Development Bank of Kenya.
- He was released on a Sh50,000 cash bail or a Sh200,000 bond, with the case returning to court on September 29 for directions.
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