Six Sony Sugar staff arrested over stolen sugar worth Sh1m from factory warehouses

December 11, 2024 - National, News - no comments

BY KEPHER OTIENO

SUBSCRIBE: FULL INTERVIEW: New Sony MD Martine Dima 100 Days In Office: INCREASED PRODUCTION, WORKERS

Six people have been arrested in connection with a sugar sales syndicate where some wayward Sony Sugar Factory staff allegedly conspired and stole a consignment of sugar worth Sh1 million from Sony Sugar Factory in Awendo, warehouse store in Migori County.

The company’s Managing Director (MD) Martine Dima confirmed the arrests and assured the public that investigations are ongoing.

This comes as part of the MD’s broader institutional reforms, which have been underway since he assumed office last year.

These reforms include implementing austerity measures and improving the company’s revenue streams, with a view to increasing profitability and efficiency.

Two months ago, Sony Sugar posted a marginal profit of Sh79 million, signaling a positive shift after several years of financial challenges.

Despite this progress, the MD has emphasized that the company’s goal is to double its profits, aiming for sustainable growth in the coming years.

As part of this vision, the company is focusing on securing all aspects of its operations, including addressing the recent theft.

In a statement, the MD declared, “We must seal all the loopholes through which the firm has been reportedly losing millions of shillings through sugar sales rackets in our warehouse.”

This statement underscores the need for tighter controls and stronger accountability within the company to protect its financial interests.

One suspect involved in the theft has already been arrested by the Directorate of Criminal Investigations (DCI).

However, another key suspect remains at large and is being actively pursued.

Dima disclosed Head of Sales and Marketing Ken Nyangwara and sales operations manager Jessica Ooko are still at large.

The MD assured that the authorities are committed to holding all involved parties accountable for their illicit conduct, which has led to significant revenue loss for the company.

As Sony Sugar moves toward a new path of economic reconnaissance, eliminating such illegal activities is seen as crucial for its future success and growth.