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I was greedy and stupid, says ICEA manager jailed for theft
Former assistant general manager with the Insurance Company of East Africa (ICEA) Lincoln Kivuti Njeru for nine years for stealing Sh62.8 million. PHOTO | RICHARD MUNGUTI | NMG
A former manager of Insurance Company East Africa (ICEA), jailed for three years for stealing more than Sh62.7 million from his employer, has blamed his criminal act on “greed and young stupid mind”.
Lincolin Kivuti Njeru, pleading for a non-custodial sentence, told probation officers that he regretted the theft through the collapsed Nyaga Stockbrokers and that he could have refunded the company the money if he were financially stable.
