BY NT CORRESPONDENT.
A City businessman has been charged with obtaining Sh58.4 million by claiming he could sell a foreigner some 435kgs of gold.
Sikanda Ismail Abdalla Saleh appeared before Milimani Chief Magistrate Martha Mutuku and pleaded not guilty to the fraud charges levelled against him.
His co-accused Kelvis Essoa Nkoy and Benson Muhanji were not in court to plead to the charges.
The charges stated that on December 16, 2016 in Nairobi, with intent to defraud, jointly with others not before court, he obtained from Prakash Robert Deeplal Baichan She 58,482,000 by falsely pretending that he was in a position to ship 435 kgs of gold.
It is alleged that he could ship the gold from Jomo Kenyatta International Airport to Dubai International Airport in the United Arab Emirates, yet he knew it was false.
The businessman is also accused that jointly with others not before court, he obtained Sh5,242,860 by pretending that they could ship gold to Dubai.
He was ordered to deposit bond of Sh3 million or an alternative cash bail of Sh1 million, to secure his release.
The case will be heard on March 26.
