NAIROBI, Kenya, May 21 – Businessman Jared Otieno and 15 other people have been charged with conspiracy to defraud a foreigner of US$3 million (Sh300 million).
All the accused persons were paraded before Nairobi Chief Magistrate Francis Andayi where they denied the criminal charge.
The court ordered them remanded in custody until May 27 when it will deliver a ruling on their bail terms.
The prosecution said that the accused who have been in police custody for a period of seven days, jointly conspired to defraud Southorn Chanthavong a director of Simuong Group from Lao by fraudulently displaying heavy metal boxes allegedly marked as genuine gold between 8 and 25 February 2019.
The said transaction took place at an office trading in the name of Nirone Keeping Limited pretending that they were carrying out genuine gold business.
In the second count the accused were indicted with obtaining money by false pretences.
The prosecution further told the court that during the same period the accused at Kaputei Gardens located in Kileleshwa area within Nairobi County made trademarks to be genuine stickers authorized by Ghana customs authority.
The trial magistrate was told that the accused were found with fake gold contrary to the law. The accused include two students, a watchman, gardener and three foreigners – one from Chad and two DRC Congo nationals.
Their lawyers Stanley Kangai and Cliff Ombeta pleaded with the court to consider giving the accused lenient bond terms which they will afford to raise.