KISII, Kenya – The Director of Public Prosecutions (DPP) has charged Philip Rotich Kiprono, an operations manager at NCBA Bank’s Kisii branch, over the alleged theft of more than Sh52 million from the financial institution.
Appearing before Senior Principal Magistrate Benard Obae Omwansa on Thursday, Kiprono was arraigned on 134 criminal counts, including theft by servant, acquisition of proceeds of crime, possession and use of proceeds of crime, forgery, and uttering false documents.
The charges stem from allegations that he siphoned Sh52,404,084.95 while serving in his managerial role between December 13, 2022, and October 10, 2024.
The Director of Public Prosecutions has charged the NCBA Bank manager over theft of Sh52 Million from the financial institution.Philip Rotich Kiprono, an operations manager at NCBA’s Kisii branch, was charged in Kisii court with 134 criminal charges.Kiprono allegedly siphoned
Prosecutors told the court that the offences contravened provisions of the Penal Code and the Proceeds of Crime and Anti-Money Laundering Act, 2009. Kiprono, however, pleaded not guilty to all charges.
The prosecution, led by Senior Assistant Director of Public Prosecutions (SADPP) Solomon Njeru, urged the court to impose stringent bond terms, citing the magnitude of the funds involved and the risk of flight.
Magistrate Omwansa directed that Kiprono be remanded at Kisii Prison pending the court’s ruling on bond terms scheduled for October 9, 2025. The matter will then proceed to pre-trial on October 16, 2025.
The case has drawn public interest, with observers noting it highlights both internal risks faced by financial institutions and the growing resolve of prosecuting authorities to curb white-collar crime.
If convicted, Kiprono could face lengthy jail terms and forfeiture of assets linked to the alleged fraud.
