Kenya: Former Dhabiti Sacco CEO Titus Miriti Munjuri Charged Over Alleged Sh20.7mn Theft

What the report says

Former Dhabiti Sacco chief executive Titus Miriti Munjuri has been charged in Maua Court in Meru County, Kenya, over allegations that he stole Sh20.7 million from the cooperative society. According to the court charge sheet cited in the Capital FM report distributed by AllAfrica, the money is said to have been taken on multiple dates between January 2 and June 7, 2025, from Dhabiti Savings and Credit Cooperative Ltd in Maua.

The prosecution alleges that the funds were obtained fraudulently from the cooperative’s treasury officer and that Munjuri should have known the money was linked to criminal proceeds. He has not been convicted, and the case remains at the pre-trial stage. Munjuri was granted a Sh2 million bond or a cash bail of Sh1 million, with the next hearing scheduled for September 28, 2026.

The case comes amid wider scrutiny of alleged financial misconduct involving cooperative institutions in Meru County. The same report notes that another Sacco executive, Capital DT Sacco Society Ltd CEO Stephen Murithi, was charged in a separate matter last month over alleged misappropriation of Sh39 million. Such cases have drawn attention to governance and accountability issues within savings and credit cooperatives, which play a major role in Kenya’s financial sector, especially at the local level.