BY NT CORRESPONDENT.
A businessman has been charged with over half billion fraud in gold scam.
Fredrick Thuranira Miburi appeared before Milimani Chief Magistrate Susan Shitubi and denied the charges levelled against him.
The charges against Thuranira stated that with intent to defraud, he allegedly obtained a sum of USD 4,424,500 equivalent to Sh597,397,500 from Vanadze Ramiz.
It is alleged that he falsely pretended that he was in a position to transport 161,500 kg of gold bars to Ramiz from Kenya to either Dubai or Tbilis Georgis.
The court heard that he committed the offence on diverse dates between April 7, 2023 and May 18, 2023 at unknown place, jointly with others not before court.
He is further accused that without lawful authority or excuse, Thuranira had in his possession papers intended to resemble and pass as USD 2,360,000 in USD 100 denomination, knowing that they were fake.
The charge stated that this happened on May 1, 2024 at around 16.30 hours a Githunguri Estate in Embakasi sub-county in Nairobi.
Thuranira was directed to deposit bond of Sh3 million to be released.
