William Kuria Josiah: The Story of a Businessman at the Centre of Sh 36M Fraud

Businessman William Kuria Josiah is embroiled in a scaring Sh36Million Fraud.

The fraud as per the court papers originates from a high profile that was orchestrated alongside other officials attached to the Central Bank of Kenya.

They are yet to be arrested and arraigned in court.

The accused person alongside his firm; Techspa General Supplies appeared were charged at a Milimani court early this week where they denied the charges.

According to the charge sheet, they jointly committed the offences on diverse dates between 30/09/2019 and 20/04/2020, within Nairobi County, jointly with another not before court.

The charge sheet stated that he engaged in organized crime, by falsely obtaining financial benefit from the Credit Bank of Kenya.

The court was further informed that the mount was guaranteed by Pamela Namusia Ndombi.

According to the prosecution,on the 20 day of April 2020, within Nairobi County, jointly with another not before court, with intent to deceive, Kuria forged signature of Namusia on a letter dated 20/04/2020.

The letter from Techspa General Supplies Ltd was addressed to the General Manager Finance department at Kenya Power purporting that he had held a meeting with Namusia and agreed that payments for a tender he had serviced at the Kenya Power be made to NCBA bank.

He however denied the wrong doing alongside his company and pleaded for a leniend bond terms.

He also urged the court to supply him with the documentary evidences that it will rely on during the entire case.

The matter will be mentioned on Monday for bond ruling application and further directions