CITY BUSINESSMAN DENIES SH 70 MILLION LAND FRAUD CHARGES.

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BY NT CORRESPONDENT.

A Nairobi businessman has been charged with intent to fraudulently acquire a parcel of land in upmarket Karen area worth Sh70 million.

Osman Abdullahi Ali appeared before Milimani Chief Magistrate Martha Mutuku and pleaded not guilty to charges including forgery, making false documents and obtaining millions by false pretense.

The prosecution told the court on unknown dates and place in the country, jointly with others not before court with intent to defraud Ben N. Murumba Nakitare his land L. R NO. 5892/10 measuring 1 acre, Abdullahi forged an indenture.

The court heard that the land situated in Karen along Ololua road and valued approximately Sh70 million. It is alleged that he forged an indenture dated February 2,2005 purporting it to be a genuine one, drawn and signed  by Lucy K. Nyaencha  and advocate of the high Court.

Abdullahi is also charged that on March 22, 2016 at Nairobi City center, he obtained a loan of Sh5 million from Speed Capital limited by falsely pretending that the indenture dated January 2, 2005 effecting a charge on the said land, is valid by the said advocate.

He is also alleged to have forged the signature of Elizabeth Gicheha on indenture dated February 2,2005 purporting it to be genuine indenture signed by the said Elizabeth a Registrar of titles of lands at Ardhi House.

Abdullahi is also facing charges of making false documents and also forging the signature of Ben Murumba.

He was released on cash bail of Ksh2 million and bond Sh5 million pending hearing and determination of the case.

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