TRADER DENIES DEFRAUDING ABC BANK SH60 MILLION.

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Ali Noor Abdi before Milimani Magistrate court where he denied defrauding African Banking corporation limited (ABC) bank./PHOTO BY IRENE ONYANGO.

BY IRENE ONYANGO.

A trader has been charged with conspiracy to defraud a lender of over Sh60 million through forgery of documents.

Ali Noor Abdi appeared before Milimani Senior Principal Magistrate Wendy Kagendo and denied the charges.

Abdi is accused of conspiring to defraud African Banking corporation limited (ABC) bank, of a fixed deposit debenture of Sh60,000,000 which was registered at the company’s registries.

He allegedly committed the offence on diverse dates between July 1, 2014 and 7th April 2020 in Nairobi within Nairobi County, jointly with another who has already been charged.

It’s alleged that the accused forged a certain search form in the name of ALLIED (E.A) Ltd purporting it to be a genuine search form, which was prepared and signed by Nicholas Oduor Oduol, a former registrar at the company’s registry.

The court heard that Abdi committed the offense with another Abdi Hamza who appears before another criminal court pending hearing and determination.

He was released on a cash bail of Sh500,000 as the court directed the case to be mentioned on October 6.

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