Thursday, June 5, 2025
Star Today Logo
  • Home
  • News
  • Business
  • Politics
  • Investigation
  • Health
  • Opinion
No Result
View All Result
Star Today Logo
Home Investigation

Flamboyant city trader Kirimi Koome charged with conspiracy to defraud Sh361million

October 26, 2023
in Investigation, News
Reading Time: 1 min read
Flamboyant city trader Kirimi Koome charged with conspiracy to defraud Sh361million
0
SHARES
Share on FacebookShare on TwitterShare on Whatsapp

Flamboyant Nairobi based businessman Kirimi Koome was yesterday charged with conspiracy to defraud a Rwandeese national Sh361 million.

Koome took plea to the alleged multimillion fraud charges while appearing before Chief Magistrate Lucas Onyina.

However, he denied the charges.

Readers' Choice

Kindiki tours Ukambani region

Co-op Bank recognized as one of Africa’s fastest-growing companies

According to the charge sheet, in what was painted as a meticulously executed criminal plot, Koome allegedly defrauded Desire Muhinyuza, the beneficial owner of Stay Online Limited USD 2,619,583.27 (Sh361million) being merchants’ funds by falsely representing himself as the owner of the said funds.

Koome allegedly committed the offence on diverse dates between July 10, 2023 and October 4,2023 in Nairobi within Nairobi county, jointly with others not before court.

He is also charged with stealing another Sh15million (USD 100,000) property of Stay Online Limited which had been entrusted to him to make payment of provision of taxes for the said company.

He faced a third count of making a false entry in a document for payment of USD 100,000 to his USD account No. 1040184365654 domiciled at Equity Bank and giving false information to the police.

The prosecution did not oppose his release on bail.

The complainant through lawyer Danstan Omari, however, asked the court to issue a stringent bail term by considering the effect of other countries trying to invest in the country.

“It’s our prayer that when imposing the bond terms consider the image of the bank ….the merchants whose money was being swindled…and the source of that money…Consider the effect it will have on the international investors.” Lawyer Omari told the court.

Magistrate Onyina released him on cash bail of sh500,000 and two sureties of similar amount.

ShareTweetSend
Previous Post

Co-operative Bank tops East Africa’s retail banks

Next Post

KCPE candidate dies after admission to hospital

Related Posts

Kindiki tours Ukambani region

Kindiki tours Ukambani region

June 5, 2025
Co-op Bank reports Ksh13B half-year net profit

Co-op Bank recognized as one of Africa’s fastest-growing companies

June 3, 2025
Next Post
KCPE candidate dies after admission to hospital

KCPE candidate dies after admission to hospital

Continue Reading

Kindiki tours Ukambani region

Kindiki tours Ukambani region

by Star Today
June 5, 2025

Deputy President Kithure Kindiki stormed Ukambani on Thursday, June 5, 2025, for a fundraiser in MP Nimrod Mbai’s Kitui East...

Co-op Bank reports Ksh13B half-year net profit

Co-op Bank recognized as one of Africa’s fastest-growing companies

by Star Today
June 3, 2025

The Co-operative Bank of Kenya (Co-op Bank) has been recognized as one of Africa’s fastest-growing companies in the 2025 Financial...

Cosmo Choy steals spotlight as he reunites with Ruto allies in Kisii

Cosmo Choy steals spotlight as he reunites with Ruto allies in Kisii

by Star Today
May 22, 2025

Former US-based UDA activist Ombori Monari, popularly known as Cosmo Choy, on Thursday, May 22, 2025, joined a team of...

Catholic priest shot dead by bandits in Kerio Valley ambush

Catholic priest shot dead by bandits in Kerio Valley ambush

by Star Today
May 22, 2025

A Catholic priest was shot dead on Thursday afternoon in a brutal ambush by armed bandits in Kerio Valley, a...

Recent News

  • Kindiki tours Ukambani region
  • Co-op Bank recognized as one of Africa’s fastest-growing companies
  • Cosmo Choy steals spotlight as he reunites with Ruto allies in Kisii

Category

  • Business
  • Health
  • Investigation
  • News
  • Opinion
  • Politics
  • Star Today

© 2023

No Result
View All Result
  • Home
  • News
  • Business
  • Politics
  • Investigation
  • Health
  • Opinion

© 2023