A fake CBK stamp was among items recovered during the Wednesday raid.
NAIROBI, Kenya, June 27 – Businessman Paul Kobia and thirteen other suspects are expected in court on Thursday to answer to fraud charges in a Sh173 million Dubai gold deal.
They were arrested during a raid at his house in Nairobi following a complaint from Dubai, where they are accused of defrauding a businessman.
During Wednesday’s raid, Directorate of Criminal Investigations (DCI) officers recovered seven gold nuggets, six motor vehicles, a wooden Central Bank of Kenya (CBK) stamp, an ETR machine among others.
Police said a complaint was filed from Dubai where a businessman was conned, and paid $140,000 and the rest in local currency.
“Detectives from the Serious Crime Unit today (Wednesday) raided Kobia’s residence; arrested 14 suspects following a report made to DCI by a complainant from Dubai,” the DCI tweeted.
Kobia has had run-ins with security agencies, often related to similar complaints.
The arrests were reported amid another investigation by the DCI over another complaint said to have been filed by a member of the royal family in Dubai, in what sucked in prominent names, among them Bungoma Senator Moses Wetangula.
Wetangula denies any role in the gold saga.
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