BY NT CORRESPONDENT.
A 41 year old businessman has been charged with defrauding Sh17.1 million from Kanduyi investment limited.
Elius Kemboi Korir appeared before Milimani Principal Magistrate BenMark Ikhubi and denied the charges.
Korir is accused that on diversed dates between 11th of August and 12th September in the year 2022 in Nairobi with others not before court with intent to defraud obtained Sh17, 110.000.
He obtained Sh17. 1 million from Kanduyi investment ltd by falsely pretending that he was in position to make payments to the said Kanduyi investment ltd a fact he knew was false.
The charge sheet stated that on diverse dates between 11th day August and 12th September in the year 2022 in Nairobi area jointly with others not before court stole assorted shop goods valued at Sh17. 1 million the property of Kanduyi Investment ltd.
He will remain in custody pending probation report tomorrow.
His lawyer told the court that there is a pending civil matter before court and the charges were intended to force Korir to pay the money.
