Another suspect accused of defrauding the late Mombasa business magnate Tahir Sheikh Said (TSS) about Sh 10 billion has been charged before a Mombasa Law Court.
James Mwangi Mutura who is the fourth suspect was charged with eight counts of theft, forgery and fraud on companies belonging to TSS.
The other three suspects; Zein Mohamed Ahmed, Aweys Mohamed Ahmed and Zahir Abass Khaku are relatives of the late businessman.
Yesterday, Muturi who appeared before Resident Magistrate Martin Rabera is accused of stealing and defrauding several firms belonging to TSS among them; Grains Coffee Exporters, TSS Investment, TSS Salt Manufacturers and Mvita Bottlers. However he denied all the charges.
The charge sheet read that on February 8 at Cootow & Associates within Mombasa county, jointly with others not before the court, with the intent to defraud, forged a certain document namely, with intent to defraud, forged a certain document namely; Deed of Guarantee, Indemnity purporting it to be a genuine Deed of Guarantee and Indemnity made by TSS to enable them secure a Sh 1.5 billion bank loan from Commercial Bank of Africa (CBA) and Imperial Bank.
The magistrate asked assistant Director of Public Prosecution Alexander Muteti and lawyer for the accused Gikandi Ngibuini to agree on hearing dates for the matter.
The case will proceed to hearing on March 14.