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Suspect: ‘My Sh2 billion not fake, give it back’

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A man charged with stashing fake currency worth Sh2 billion in a safe deposit box now claims that the bills are genuine.

Eric Adede , in an urgent suit filed at the High Court, instead accused the State’s investigative and prosecutorial agencies of switching his dollar bills with fake notes to paint him as a money launderer.

“It is true I am the owner of the box held at Barclays Bank which contained a total of $20,067,900 in 100-dollar denomination, among other items.

The DCI knows that the money is not fake and is illegally withholding it without any authority,” swore Adede.The suspect, who sought orders to compel the Director of Criminal Investigations and the Director of Public Prosecutions to surrender the seized money, claimed there was a plot to defraud him of his property.

Adede’s lawyer, Martin Oloo, told the court that the DCI and the DPP had cooked up the story that his client had fake currency “to boost their public image”.Mr Oloo claimed that the money did not form part of the criminal charges laid out against Adede.

“The prosecutors in their submissions in court stated that the money held does not form part of the prosecution. The petitioner fears that they might tamper with his clean money and substitute it with fake ones to deprive him of his hard-earned property,” said Oloo.

READ ALSO:   Barclays Bank closes accounts of flashy city businessman Paul Kobia

Fake gold

Adede was last month charged alongside Ahmed Shah, Irene Wairimu Kimani and Elizabeth Muthoni with several counts in connection with the suspected forged dollar bills and fake gold recovered inside the bank’s Queensway branch in Nairobi.

The charges stated that on March 19, the suspects conspired to defraud Muriithi Materi Mbuthia of Sh20 million by falsely pretending they were carrying out a genuine business as investors in Nairobi.Adede faced two additional charges of possessing the fake dollars and being found in possession of 41.373 kilos of brass in contravention of the Mining Act.

The Nairobi-based businessman-cum-politician and his co-accused were arraigned in court where a magistrate detained them for five days to allow police complete investigations.

This after investigators told the court that they needed to send the recovered currency to document examiners and forensic experts to ascertain if it was fake or genuine.

The verification process also involved the Central Bank of Kenya and the Department of Mining to confirm authenticity of seized metal that was suspected to be fake gold.

According to police, the fake currency had been used to con unsuspecting people before officers busted the counterfeiting ring and arrested the suspects.

Barclays Bank, in a statement, denied knowledge of the fake money stashed in the safe deposit box. Bank officials said they were not aware that one of their customers had hidden counterfeit bills, which was against the bank’s rules and regulations.

READ ALSO:   Flying squad discover billions in fake currency at Barclays Bank branch

The officials said they normally don’t know what customers store in their personal safe deposit boxes.

source:standardmedia.co.ke

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Kenyan avocados cleared to enter the expansive Chinese market

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enyan farmers will now export their popular hass avocados to China following a trade deal signed when President Uhuru Kenyatta met his Chinese counterpart Xi Jinping in Beijing today.

The signing of the agreement which makes Kenya the first African nation to export avocados to the Asian nation with a market of over 1.4 billion consumers comes after a long and comprehensive approval process that included Chinese experts visiting Kenyan farmers.

It is estimated that when the agreement is fully implemented, the Chinese market will absorb over 40 percent of Kenya’s avocado produce, making it one of the largest importers of the fruit. Other famous destinations of Kenyan avocado include Europe and the US.

The signing of the protocol on sanitary and phytosanitary (an agreement relating to the health of plants, especially with respect to the rules of international trade) requirements for the export of frozen avocado was the last major hurdle for the Kenyan crop to be accepted in the highly regulated but lucrative Chinese market.

Avocado becomes the second farm produce from Kenya to access the expansive Chinese horticultural market after Stevia and will be followed by 13 other priority farm produce among them flowers, mangoes, French beans, peanut, vegetables, meat, herbs, bixa and macadamia.

READ ALSO:   Now fake gold boxes found at Barclays Bank

The meeting between Presidents Kenyatta and Xi Jinping and their delegations focused on promoting economic and trade exchange in 8 key initiatives identified during the Forum on China-Africa Cooperation (FOCAC) meeting held in Beijing last year.

These initiatives include industrial promotion, trade facilitation, infrastructure connectivity, green development and people-to-people exchange. Others are capacity building, healthcare, and peace and security.In addition to the avocado deal, President Kenyatta witnessed the signing of an agreement on Economic and Technical Cooperation covering all sectors of mutual interest and an MOU on joint promotion of the implementation of the 8 FOCAC priority areas.

President Kenyatta is in Beijing, China for a three-day working tour where he will also attend the Second Belt and Road Forum (BRF) for International Cooperation that will be officially opened by President Xi Jinping on Friday.The President is accompanied by Cabinet Secretaries Peter Munya (Trade), Dr.Monica Juma (Foreign Affairs) and James Macharia (Infrastructure) among other senior government officials.

source:standard.co.ke

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69-Year-Old Dutchman alleges estranged Kenyan Wife’s Plot to Illegally Inherit His Vast Estate

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A Nairobi-based Dutchman has written to the Director of Public Prosecutions (DPP) and the Inspector General of Police over harassment by his estranged Kenyan wife.

Tob Cohen, the CEO of Tobs Company accuses his estranged Kenyan wife of using police and the justice system to harass and intimidate him.

Cohen claims that his partner Sarah Wairimu is colluding with some government officers to illegally deport him so that she can take over his vast estate.

“There has been a curious excitement to have our client prosecuted for allegedly assaulting her despite insufficiency of evidence, which intended prosecution is aimed not only at soiling his reputation but also having him deported from Kenya so that his properties become free and available to Sarah Wairimu Kamotho and her accomplices,” Cohen’s lawyer Danstan Omari says.

Cohen says Wairimu is using all means in an attempt to inherit his properties after he filed for divorce early this year.

Cohen, 69, has lived in Kenya since 1987 and married Wairimu in 2007 but soon after, their marriage became rocky after she began demanding a 50 percent stake of his property.

“The said Sarah Wairimu Kamotho has expressly been disrespectful to our client by being scornful and by use of emotional blackmail well demonstrated by the denial of our client’s conjugal rights,” the letter reads in part.

READ ALSO:   Now fake gold boxes found at Barclays Bank

He also accuses Wairimu of storming into his office and throwing a glass of water at his face, threatening him, and pushing him downstairs, sustaining serious injuries on his forehead.

He says he was treated and later reported the matter at Parklands Police Station but that Wairimu filed a report at Gigiri police station claiming to be the one who was assaulted.

“That our client is astonished at the discriminatory manner in which the law is being applied to his disadvantage since no step has been taken by police officers at the Parklands police station to prosecute Wairimu despite a preponderance of evidence demonstrating her guilt, yet the same law enforcers are keen on prosecuting our innocent client.”

Cohen says he will continue to suffer humiliation, discrimination, and persecution if the DPP and IG fail to take action.

Source: Mwakilishi.com

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KWITU Founder Lilly Richards Launches New Shoe Line in the US

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Kenyan Women in the United States (KWITU) Organization founder and president Lilly Richards has launched a new shoe line dubbed “Lavish by Lilly.”

The shoes, intended for the high-end market, are handmade by a master Italian craftsman from pristine Italian leather and are available on order.

Ms. Richards has taken to social media to express her joy even as she thanked her customers who have made orders for the shoes.

LL

“Yesterday I woke up to hundreds of tags on the Internet. I did not see it coming but the love and support was unbelievable,” she says.

“How did I get to be so lucky as to have your love and support. You have encouraged me and reassured me of God’s love and promises to us. I am beyond grateful. I am overwhelmed with joy.

My heart is full and at this point I can say I am truly happy and always blessed. Thank you for standing with me as I take a chance. Thanks to all that have put in orders. Nashukuru.”

Lilly is an advocate for women and children and currently partners with results.org to help influence political decisions and bring to end preventable maternal and child deaths.

She founded KWITU, one of the largest and most active Kenyan women network in the diaspora.

READ ALSO:   Now fake gold boxes found at Barclays Bank

SOURCE: Mwakilishi.com

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