BY NT REPORTER.
A businessman has been charged with Sh1.6 million fraud.
Charles Chege Mbuthia appeared before Milimani Chief Magistrate Onyina and denied the charges.
Mbuthia is accused that on 27th April in the year 2021 at unknown place with intent to defraud obtained credit of Sh1.6 million.
He obtained the money from Together as one investment by falsely pretending he was using motor vehicle Toyota Prado as valuable security to secure the loan.
Mbuthia is also accused of of changing the ownership of the said motor vehicle in the NTSA transport integrated systems (TIMS) from joint ownership to himself.
He was released on a cash bail of Sh300,000.
