A businessman identified as Hussein Sheikh Abdullahi implicated in Sh3.5million cashew nuts swindling racket was today charged at Kibera Law Courts over fraud related offences.
However, while appearing before Kibera Senior Principal Magistrate Samson Temu, Hussein denied the charges.
He is said to have obtained the money by falsely pretending that he was in a position to incorporate another businessman in macadamia and cashew nuts.
The
charge sheet indicates that on January 19, 2024, at Maida restaurant in South B, within Nairobi county with intent to defraud, he obtained from Mohammed Ali Aden Sh3,500,000 by falsely pretending that he was in a position to assist him venture into a business of buying and exporting the said nuts.
In the second count, Hussein is charged with issuing bad cheque contrary to section 316(1)(a) as read with section 316A (4) of the Penal Code.
It is alleged that on February 5, 2024, at Jabavu Heights in Kilimani sub county, within Nairobi county, he issued a cheque of serial number 000002 valued at 3,500,000 dated 05/02/2024 through Equity Bank Limited in favor of Tula Commodities Limited knowing that the account number 1450284992675 at Equity Bank Kenya Limited had insufficient funds.
The cussed is said to have approached Complainant Ali and introduced the said idea claiming will yield profit.
He informed Ali that he will get response about the business in ten days.
Ali granted him Sh3.5million but the accused after days started to complicate the issues taking the complainant into circles.
When too much pressure was enforced to him, he issued Ali with a cheque that had nothing and that’s when the complainant filed the complaint.
He was released on a cash bail of Sh500,000 or an alternative bond of Sh1million.
It is alleged that he is yet to be charged with another fraud amounting to Sh13million.
The matter will be mentioned on December 9, 2024 for pretrial directions.