BY IRENE ONYANGO.
A 56 year old chief executive officer of an investment firm has been charged with conspiracy to defraud.
Joseph Oduor Okwaro, the CEO of Lakeview Investment Company was accused of defrauding teachers of millions over the purchase of a parcel of land.
He denied several counts when he was presented before Milimani Principal Magistrate Geofrey Onsarigo.
The charge sheet stated that on unknown dates and place, jointly with others not before court, he conspired to defraud Nairobi Secondary Schools Teachers (1992) housing Project Limited of their parcel of Land LR. 20561 measuring approximately 5.3352 hectares.
According to the charge sheet, the land that in question measures approximately 5.3352 hectares and is valued at Sh250 million.
Oduor is facing other charges of making false Deed plan for the said land. The court heard that he made the document on 14th May 1999, purporting it to be a genuine and valid Deed plan from survey of Kenya.
The court also heard that on or about 26th May 2017 at Athi River area within Mavoko Sub county, the accused person was found in actual possession of the Land.
According to the prosecution, Oduor, without color of right, held possession of the said Land in a manner likely to cause a breach of peace against Nairobi Secondary schools Teachers (1992) housing Project ltd who is entitled by law to be in possession of the said parcel of land.
He was released on a bond of Sh 10 Million or an alternative cash bail of Sh 3 million plus one contact person.
Oduor is set to return to court on 9th October for hearing and determination.
