Accountant Restrained From Disposing Assets

The High Court in Mombasa has barred a ex- chief accountant from accessing or disposing property worth millions of shillings with her ex- boss claimed the assets were obtained using cash stolen from Habo Group of Companies.
Inside an attention certified as urgent, Justice Jackton Ojwang restrained Mercy Musera from interfering with several titles of ground in Nyali area, and seven vehicles registered in her first name. The order was furthermore forced hostile to Sammy Abwondo, Geroge Chamwada, Edward Chamwada, Tribertoo Kenya Limited and Brian Aginga Madagwa.
Habo chief executive Hezron Awiti furthermore wanted an order agreed asking the defendants to give up the vehicles surrounded by seven days to the Officer in Charge of Makupa Police Station pro safe protection, pending the examination and determination of the suit. “Some of the properties were registered in the first name or transferred to the other defendants to conceal them and here is real danger with the intention of the defendants could disaffect the properties by one calculate except restrained from responsibility so by the incite,” understood Awiti in his attention.
He understood Musera had been employed as a assemble accountant and earned a monthly salary of Sh8,000, which was increasingly increased to Sh50,000 as by September 2010, as she missing their employ.
The incite heard with the intention of while by bring about, the defendant breached the trust bestowed in the lead her and stole by smallest amount Sh75.8 million linking April 2009 and eminent 2010. “When the defendants apt to steal ways was exposed, she readily admitted the theft and existing to refund all monies stolen but has however disastrous,” understood Awiti.
Justice Ojwang heard with the intention of an audit had to be conducted by the company by D A G Omenye, of Omenye and Associates, to set up the boundary of the losswhich revealed with the intention of the money was stolen.”The theft of the money was so massive with the intention of I was operating on overdraft near permanently ensuing in enormous losses in paying interests charged on overdraft and penalty appeal on surplus overdraft,” Awiti understood.
It was claimed with the intention of a ground in Nyali, which is registered under Musera’s first name but charged to Housing Finance Company of Kenya, was a scheme to dodge trail. Other vehicles and plots were registered in the first name of the defendant’s spouse, father and brother-in-law.