Cyber fraud suspect Seth Mwabe Okwanyo, accused of siphoning Ksh 11.4 million from Afrisend Money Transfer Ltd, granted Ksh 1 million bond or Ksh 500,000 cash bail after the judge denied prosecutors’ request to detain him for 20 days to complete forensic examinations on electronics seized from his Tatu City apartment.
Prosecutors had also sought to obtain Mwabe’s bank and M-PESA records as part of the investigation but the court ruled the application lacked merit, noting he is not a flight risk.
The 26 year old University drop out is accused of orchestrating a Ksh 11.4 million cyber fraud against Betika & Afrisend LTD and allegedly funnelled the funds through a Diamond Trust Bank account facilitated by Pesalink.
Investigators claim Okwanyo used his IT expertise and a fraudulent Telegram bot to siphon millions via multiple transactions on the Pesalink platform.
Magistrate Benmark Ekhubi ruled the prosecution’s request to detain him for 20 more days lacked merit, granting him a KSh 1 million bond or KSh 500,000 cash bail.
The case is considered one of Kenya’s most sophisticated cyber fraud schemes targeting the financial sector.
The case is set to be mentioned on October 7, 2025, while Mwabe is required to report weekly to the investigative officer.
