Two suspects have been charged with five fraud-related charges in Mombasa, including stealing Ksh200 million.
The two, Pavan Kentan Ramji Shah and Anderson Kombe Hare, allegedly conspired to defraud Igsar Group Company Limited, Husaaba Trading Company Limited, Sunova International Limited and Inland Logistics.
According to the charge sheet, the two fraudulently withdrew the money from the three firms’ bank accounts using Bwanyange Company Limited cheques.
The Office of the Directorate of Public Prosecutions (ODPP) says Pavan was also charged with “stealing by servant contrary to section 281 of the penal code, chapter 63 laws of Kenya, in which it is claimed, he stole the money that came to him by virtue of being an accountant of the three firms”.
“He was also charged with false accounting contrary to section 328 of the penal code, Chapter 63 laws of Kenya, where it was alleged he made false entries in the said companies’ book of accounts for intercompany transactions, by filling falsified Bwanyange Limited Absa bank cheques purporting that Ksh200,585,052.00 was paid to the companies by Bwanyange Limited for payment of goods, forex trading remittances and other related transactions with Bwanyange Limited,” ODPP stated.
The two are accused of committing the offences between June 20, 2018, to September 30, 2020, and February 22, 2021, at Igsar Group Kenya Limited offices at Canon Towers building in Mombasa County.
The two, who pleaded not guilty, were released on Ksh5 million bond each with two sureties.
The case is scheduled for pre-trial on March 26, 2024.
