A Businessman in Sh 3.5M cashew nuts fraud, has been Charged at Kibera Law Courts.
Hussein Sheikh Abdullahi has appeared before magistrate Samson Temu and denied the Charges.
He is said to have obtained the money by falsely pretending that, he was in a position to incorporate another businessman in Macadamia and cashew nuts.
The charge sheet indicates that on January 19, 2024, at Maida resterount in South B, within Nairobi county with inted to defraud,he obtained from Mohammed Ali Aden Sh 3,500,000 by falsely pretending that he was in a position to assist him venture into a business of buying and exporting the said Nuts.
In the second count, Hussein is charged with issuing bad cheque contrary to section 316(1)(a) as read with section 316A(4) of the penal code.
It is alleged that on 5th day of February 2024,at Jabavu Heights in Kilimani sub county, within Nairobi county, he issued a cheque of serial number 000002 valued at 3,500,000 dated 05/02/2024 through equaty bank limited in favor of Tula Commodities Limited knowing that the account number 1450284992675 at Equity Bank Kenya Limited had insufficient funds.
The cussed is said to have approached Complainant Ali and introduced the said idea claiming will yield profit.
He informed Ali that he will get response about the business in 10 days.
Ali granted him Sh 3.5M but the accused after days started to complicate the issues taking the complainant into Circles.
When too much pressure was enforced to him,he issued Ali with a cheque that had nothing and that’s when the complainant filed the complaint.
He was released on a cash bail of ksh 500,000 or a bond of 1M.
It is alleged that he is yet to be charged with another fraud amounting to Sh 13M.
The matter will be mentioned on the 9th of December for pre trial directions.
