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Economy

Former Uchumi manager arrested over alleged corrupt dealings

The retailer's board sent Mr Okumu packing in
The retailer's board sent Mr Okumu packing in June last year alongside former Chief Executive Officer Jonathan Ciano. PHOTO | FILE 

Officers from the Directorate of Criminal Investigations (DCI) on Thursday arrested former Uchumi Chief Finance Officer Chadwick Omondi Okumu over allegations of fraud and misconduct.

Mr Okumu was detained at the Muthaiga Police Station for the better part of Thursday morning after being picked from his house Wednesday evening.

The retailer's board sent Mr Okumu packing in June last year alongside former chief executive Jonathan Ciano for “gross misconduct and gross negligence.”

At the time, the retailer owed suppliers Sh1 billion.

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