Mr Egaala Murali Sridhar, the former Managing Director of Leatherlife (EPZ) Ltd
Police have arrested a fugitive who escaped to Tanzania last
year after stealing money and crucial documents from a company he was
working for in Kenya.
Mr Egaala Murali Sridhar, the former Managing
Director of Leatherlife (EPZ) Ltd, was arrested on Wednesday in
Loitoktok town, Kajiado county.
Police say hestole millions from the company before escaping to Tanzania.
Weeks after his escape, he reportedly invited the
plant's manager Devanand Bhardoj, who also sneaked out of the country
after stealing from the company.
According to company's officials, the former
Managing Director had left for India late last year saying that he was
going to get married. He however sent his resignation letter days later
after his departure.
When he was later requested to return for an audit to be conducted, he never came back.
The audit revealed that besides the millions of
shillings missing, the suspect had also disappeared with marketing
files, plant production process manuals and staff information.
The director of the company Ranjit Sokhi on
Wednesday described the theft as a well thought and criminally executed
plan to destroy the company.
Loitoktok OCPD Herbert Khaemba said that they were acting on a warrant of arrest that had been issued by Mavoko Law Courts.
“We arrested him when he was spotted at the border trying to sneak back into the country,” said Mr Khaemba.
Athi River CID boss Aggrey Okoth had written to
the Interpol to seek assistance from police services in the region to
track the two suspects.
Mr Sridhar is expected to appear in court on Thursday
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