A Chinese National was on Thursday arraigned in A Nairobi court and charged with stealing Sh37Million from Equity Bank Ltd .
Wu Qu Feng alias Lin Linlai who appeared before Chief magistrate Francis Andayi pleaded not guilty to three counts of conspiracy to commit a felony,stealing and money laundering charges.
Particulars of the offence are that on 5th December 2018 at unknown place within the republic of Kenya jointly with others not before court conspired to commit a felony namely theft of US dollar 327,540.60 property of Equity bank Limited.
He is also alleged to have committed money laundering offence, particulars are that on 21st and 27th December 2018 at Equity Bank Limited supreme branch in Nairobi jointly with others not before court and knowing or having reasons to have known that Sh37Million was or formed part of proceeds of crime Engaged in transactions in connection with that property whose effect was to conceal the nature source, location,disposition or movement of the said property or ownership thereof or any interest with Equity Bank Limited may have in respect thereof.
