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.
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
US to Slash Number of African Embassies Processing Visas from 50 to 20, Kenya Remains a Key Hub
Trump Picks Veteran Crisis Diplomat Henry Wooster as New U.S. Ambassador to Kenya
Former Catholic Priest Arrested Over Alleged Treasonous Social Media Posts
Hundreds Protest Against Planned US Ebola Quarantine Facility in Kenya
President Ruto Defends Laikipia Ebola Quarantine Centre, Tells Critics to ‘Relax’
“Raila Died Walking, He Didn’t Collapse,” Maurice Ogeta Breaks Silence On His Boss’ Final Moments
Bolt Denies Viral Exit Claims, Says Kenya Operations Remain Fully Active
Secret Trident Meetings, Claims of Millions Exchanged: Fresh Questions Raised Over PCF Boss Mohammed Sahal’s Role in Insurance Battle
The Kamukunji Cash Pit: Ghost School, Phantom Audit Trails and NG-CDF Manager Who Refuses to Leave
Lawyer in Sh65 Million Fake Gold Scandal Dragged to Court as Investigators Uncover Web of Suspicious Deals
Why Ruto’s Favourite Candidate Adan Mohammed Could Be Locked Out of the KRA Top Job
Este Medical Kenya Fights American’s Explosive Complaints
Safaricom’s Sh1.4 Billion Reckoning: How Kenya’s Most Profitable Company Stole a Man’s Idea and Got Caught
LifeCare on the Brink: SHA Fraud, Stolen Wages, and the Rotten Empire Jayesh Saini Built
The Rot Inside Absa: How Bank Insiders Are Looting Nairobi’s Customers
The $24 Million Heist at the End of the World
Denial Under Duress: The Untold Collapse Threatening David Lagat’s DL Group’s Empire
THE INSURER THAT TOOK YOUR PREMIUM AND FORGOT YOUR NAME: How ICEA Lion Left a Client Begging for Sh7.8 Million Across Four Months
Court Confirms Safaricom Customers Data Was Sold To Betting Companies In Seven-Year Cover-Up
Eight Students Arrested In Kenya After Suspected Deadly School Arson Attack
-
News1 week agoEste Medical Kenya Fights American’s Explosive Complaints
-
Investigations1 week agoLifeCare on the Brink: SHA Fraud, Stolen Wages, and the Rotten Empire Jayesh Saini Built
-
News4 days agoEight Students Arrested In Kenya After Suspected Deadly School Arson Attack
-
Americas1 week agoInside FAFSA Fraud: How Kenyan Cybercriminals Siphoned Millions from America’s Sh12 Billion Student Loan System
-
Business2 weeks agoBlocked: How Mombasa Tycoon Ashok Doshi Has Stopped Imperial Bank Depositors From Getting Their Money
-
Investigations1 week agoLSK On The Spot For Renewing Rogue Lawyer Dennis Onyango’s Licence Despite Mounting Evidence He Held Foreign Investors’ Millions Hostage
-
News2 days agoHow Uhuru’s Deal With Obama In 2015 Paved Way For America’s Ebola Plan In Kenya
-
Investigations2 days ago29.5 Million Safaricom Customers’ Data Breach Lands Odibets Boss Andrew Aligula In Police Custody, Firm Now Operating On A Thin Line Of Court Order