Investigations
Kisumu Tycoons; Sunil Shah, Kamal Shah Arrested For Using Their Company United Millers Limited To Defraud Sh79M
Kisumu tycoons Sunil Shah and Kamal Shah were on Wednesday arrested and will be charged on multiple counts in relation to the alleged forging of documents to defraud Kotecha and Sons Limited Sh79 million.
The duo with others is alleged to have lied to have lost business as United Millers Limited to their clients by failure to supply sugar.
According to the charge sheet, Sunil Narshi Shah, Kamal Narshi Punja Shah, Henry Musyoki Kavita, Magnesh Kumar Verma, and United millers are alleged to have jointly conspired to defraud B.N Kotecha and Sons Limited Sh79, 471,000 on April 2, 2015, by falsely pretending that they had lost business as United Millers Limited, to their clients a fact they knew to be false.
The five face seven counts ranging from conspiracy to defeat the course of justice, forgery, and uttering a false document.
The suspects were arrested in Kisumu on June 3, 2020, according to OB NO.39/3/6/2020 and brought to Muthaiga DCI headquarters the same day for questioning.
The accused were, however, released on Sh70,000 bail each and ordered to appear in court on June 4, 2020.
The duo, however, failed to appear in court to answer the charges as was directed.
Sunil Shah, Kamal Shah, and their company United Millers Limited are alleged to have filed a case at Kisumu High Court in October 2015 against B.N Kotecha and Sons Limited seeking a refund and special damages worth Sh79 million with fake documents.
According to court documents, United Millers was able to get a judgment in the court in the case.
According to the office of the Director of Public Prosecutions (DPP), the file is under review after getting additional information.
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