Two brothers charged with conspiracy to defraud bank over Sh1.4 million
Two brothers have been charged with conspiracy to defraud Dubai Bank Limited over Sh1.4 million.
Kirpaj Singh and Amarjieet Singh are accused of conspiring to defraud the said bank Sh1.4 million through a bank account belonging to Kamp General Engineer company, the property of the Dubai Bank Limited between July 14, 2009
and September 1, 2015.
Appearing before Milimani Chief Magistrate Francis Andayi, the two businessmen pleaded not guilty to the fraud charges levelled against them.
“Between July 4, 2007 and September 1, the duo with others who were not before court conspired to defraud Sh5,643,512 from the lender,” said the prosecution.
They all denied the charges and were released on a cash bail of Sh.1 million pending the hearing and determination of the case.
The case will be consolidated with another similar case pending before another court.
