Three Firm Directors Charged With Sh12M Fraud

Three directors of Tareef Enterprises Limited have been charged in court for obtaining goods by false pretences.

The three directors; Ali Sheikh Hassan, Ahmed Mohamed Karshf and Abdulaziz Mohamed Karshf are accused of obtaining cement, bitumen and paraffin valued at Ksh 7.8 million from John Mwaniki Kiarie by falsely pretending they were in a position to pay.

According to the prosecution, the directors fraudulently obtained the said goods on diverse dates between January 2019 and December 2020.

The Directors were also charged with fraudulenty obtaining from Mwaniki Ksh 4,335,000 by falsely pretending they would construct a road in Maua, Meru County.

Allegedly, the directors after defrauding the complainant, they proceeded to issue him with a Ksh 990,000 bad Cheque knowing pretty well that the Tareef Enterprises Limited account had insufficient funds.

The directors appearing before Magistrate Benmark Ekhubi denied the charges and were released Ksh 2 million bond with an alternative cash bail of Ksh 500,000.