News
Ex-Inchcape Kenya CEO Sanjiv Shah Charged With Bank Fraud
Former Inchcape Kenya chief executive Sanjiv Pushpakant Shah has been charged with forging a bank remittance advice in a case that has drawn attention within Nairobi’s business community.
Mr Shah, a British national and prominent figure in Kenya’s automotive industry, appeared before Senior Principal Magistrate Theresia Nyangena at the Milimani Law Courts, where he denied the charge.
According to the charge sheet, Mr Shah is accused of forging a remittance advice on or before August 20, 2024, at an undisclosed location within Kenya. Prosecutors allege that the document was presented as a genuine remittance advice issued by Victoria Commercial Bank, with intent to deceive.
Details of the underlying transaction and any potential financial implications were not disclosed in open court.
The court released Mr Shah on a bond of Sh500,000 or an alternative cash bail of Sh100,000. The matter is scheduled for mention on March 17, 2026, ahead of a pre-trial conference.
Mr Shah previously served as chief executive of Inchcape Kenya, the local distributor of Jaguar Land Rover vehicles, from 2018 until 2020.
Before that, he headed RMA Motors Kenya and held senior roles in the motor industry, including at DT Dobie. In recent years, he has been associated with Car Club Kenya, a firm dealing in the importation and servicing of luxury vehicles.
The case comes at a time of heightened scrutiny of financial documentation and compliance standards in the banking sector, although prosecutors did not link the charge to any wider investigation.
Victoria Commercial Bank had not issued a public statement on the matter by the time of publication.
The case will proceed at the Milimani Law Courts.
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