Sony Sugar Company has uncovered a sugar sales syndicate through which the miller has reportedly lost millions in fraudulent transactions. A whistleblower revealed irregular dispatches of sugar, worth Sh963,900 (7.55 tonnes), involving company employees and distributors.
As a result, five senior managers have been suspended pending further investigations into the suspected sales racket. The suspensions followed the discovery of sugar worth Sh900,000 sold to a client but unaccounted for in the company’s receipt books.While the sugar consignment was dispatched from the warehouse, it was missing from the company’s cash payment records, raising suspicions of theft. Discrepancies between the sales records and the sugar stock movements led to the detection of the fraud.
Yesterday, Sony Sugar Managing Director Martine Dima confirmed the suspensions, stating, “The matter was internally investigated by the company’s security and internal audit units, and preliminary findings implicated several employees.” Dima emphasised that further investigations are underway as the company takes decisive steps to streamline operations.
