Matatu Owners Association chairman Albert Karakacha is among eight people who have been charged with an alleged embezzlement of Sh309 million belonging to Invesco Assurance company.
The eight were arraigned before Milimani Principal Magistrate Paul Mutai yesterday.
They denied the three charges levelled against them.
Karakacha was charged alongside Compliant Insurance Agency, Daniel Wekesa Nalyanya, Michael Ng'ang'a Kibara, Ruth Waangari Mwasalu, Antony Githinji Ngerere, Hilda Wambui Karanja, and Lameck Gisore Ongere.
