Falcon Oil Limited employee Ismail Ali Ibrahim appears before Nairobi Principal Magistrate Paul Mutai.
The Director of Public Prosecutions (DPP) has charged an employee of Falcon Oil Limited with allegedly stealing Ksh.14.89 million belonging to the petroleum company.
Ismail Ali Ibrahim appeared before Nairobi Principal Magistrate Paul Mutai, where he denied charges of stealing, conspiracy to defraud, acquisition of proceeds of crime and using proceeds of crime.
The prosecution alleges that between December 1, 2025, and July 31, 2026, Ibrahim stole Ksh.14,890,157 that had come into his possession by virtue of his employment at Falcon Oil Limited.
He is also accused of conspiring with other individuals to unlawfully obtain money belonging to the company.
Ibrahim faces additional charges relating to the alleged acquisition and use of proceeds of crime.
The court heard that on April 25, 2026, Ibrahim allegedly acquired Ksh.300,000 from clients of Falcon Oil Limited who were purchasing petroleum products. The prosecution alleges that at the time, he knew or had reason to believe the money was proceeds of crime obtained through the alleged conspiracy.
The charges followed investigations into the alleged loss of funds at Falcon Oil Limited, which culminated in the DPP approving the prosecution.
Ibrahim pleaded not guilty to all the charges.
Magistrate Mutai released him on a Ksh.3 million surety bond or an alternative cash bail of Ksh.800,000, with two contact persons.
The case will be mentioned on September 17, 2026.
