News
Businessman Linked To Sh44M Fraud
A businessman has been with conspiracy to defraud Impala Reel Company Limited over Sh 44 million.
Elius Kemboi Korir is charged alongside his company, Vutaride Company Limited with conspiring to defraud Impala Sh 44,370,000 jointly with others not before court.
Korir is alleged to have committed the offense on diverse dates between 1st February 2022 and 1st April, 2022 at Vutaride Limited office in Westlands, Nairobi.
The accused is charged with obtaining goods worth over Sh 8 million by false pretenses.
According to the charge sheet, Korir obtained 500 litres of Pramitol 2SE worth Sh 8,250,000 from Impala Reel Company Limited by falsely pretending that it was a genuine supply contract, a fact he knew to be false.
Korir is alleged to have committed the offense on 14th March 2022 at Vutaride Limited, jointly with others not before court and with intent to defraud.
He denied the charges before Chief Magistrate Susan Shitubi.
The prosecution opposed his release on bail on grounds that he is a flight risk.
Korir is facing several other cases of a similar nature.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
Inside Nyayo House: The Kitchen Cartel That Demands Sh100,000 for a Stove
JSC Rot: “Why I Paid Over Sh4 Million for a High Court Slot” — Explosive Claims by ‘Incoming Judge’
Fly 748 Is Back And Flies You To Mombasa From Just Sh6,500
KRA Introduces WhatsApp Tax Filing and How It Works
Trump Says Iran War Almost Over, Warns Of Weeks More Heavy Strikes
Sold And Abandoned: How Diageo and Asahi Are Locking Kenya’s EABL Minority Shareholders Out Of East Africa’s Biggest Corporate Heist
Treasury Hands Sh358M Brief to Eric Gumbo’s Firm While Bypassing Standard Rules — and the Lawyer Is Already Deep Inside Ruto’s State Machine
Understanding Crash Betting: How It Works and What to Know Before You Play
How Firm Linked To Mombasa Tycoon Jaffer Was Allowed To Import Fuel At Bloated Price And Set To Make Billions In Profits From Iranian War Crisis In Kenya
‘A Million Things Could Go Wrong’ – Why Seizing Iran’s Uranium Would Be So Risky For The US
Tuju Forcefully Removed From His Karen Property With Masked Officers In Unmarked Vehicles In Early Morning Raid
Nowhere To Hide: Govt Begins Tracing Hustler Fund Defaulters Using National IDs To Recover Unpaid Sh12 Billion
How Little-Known Pesa Print, Linked to State House Tycoons, Won NTSA Tender Worth Sh42 Billion in Traffic Fines
Ex-Inchcape Kenya CEO Sanjiv Shah Charged With Bank Fraud
Named: Havi Says Mutava Confessed He Was Collecting The Bribe For Lady Justice Josephine Mongare, So Why Is JSC Still Silence?
The Man With The Golden Pen: How NLC’s Joel Ombati Is Accused Of Masterminding Kenya’s Biggest Infrastructure Land Heist
THE HANDSHAKE THAT BECAME A NOOSE: How Tuju’s Alleged Intimate Access to EADB’s Yeda Apopo Produced a Sh294 Million Deal With No Written Contract, and Why That Trust Destroyed an Empire
‘They Will Eat You Alive’: Retired Teacher Warns Against Bashy African Credit as Sh500,000 Loan Spirals Into Sh1.5 Million Fight
Waweru’s Bank Pockets Sh1.16 Billion from KPC IPO While Ordinary Kenyans Fled the Sale
The New Master of the Nation: How a Tanzanian Billionaire With a President in His Pocket Just Bought Kenya’s Most Powerful Press
-
Business6 days agoTHE HANDSHAKE THAT BECAME A NOOSE: How Tuju’s Alleged Intimate Access to EADB’s Yeda Apopo Produced a Sh294 Million Deal With No Written Contract, and Why That Trust Destroyed an Empire
-
News6 days agoMen Linked to Akasha Drug Dynasty Charged With Death Threats and Assault at Nairobi Nightclub
-
News6 days agoCity Lawyer Kimani Wachira Caught Up In Bribery Web Fights Claims
-
Business2 weeks agoBig Shame: EY and PwC Found Guilty of Fraud and Corruption in Kenya as World Bank Bans Lay Bare Scandal Inside the Global Audit Elite
-
News2 weeks agoDARFUR SULTAN CAUGHT ON TAPE: War-Linked Figure Runs Red Lights in Nairobi With Impunity
-
Investigations2 weeks agoIs Equity Bank Becoming A Fraudsters’ Den?
-
Business2 weeks agoHow EADB Threw Tuju Under The Bus
-
Business2 weeks agoFLYING ON BORROWED TIME: Safarilink’s Decade of Incidents Puts Kenya’s Safari Skies on Trial