Business
Vimal Shah Dragged Into Alleged Sh100M Forex Fraud
Former Chair Kenya Private Sector Alliance Nicholas Nesbit now wants Bidco Oil CEO Vimal Bhimji Shah to be charged alongside him in relation to loss of a Sh 102 M dispute.
Through lawyer Danstan Omari, Nesbit who has been accused by Shah of defrauding him the money now says that Shah should be charged alongside him for the loss of the money.
Nesbit was supposed to take plea today for conspiring to defraud Shah but Omari asked for an adjournment saying his client was indisposed and could not make it.
He asked the court to adjourn to Thursday to allow his client attend court as scheduled.
Omari told Magistrate Gilbert Shikwe that they had written to the DPP to review the file claiming there are two different investigation files.
One was filed by Nesbit at the Banking Fraud Unit while the other was filed at DCI by Shah however the one before court that led to charge was from DCI.
Omari said from the ongoings of the matter it was imperative that Shah is also charged alongside his client for the loss of the funds.
The magistrate allowed the application and adjourned the matter to Thursday
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