@Standard

Businessman Otieno, 15 others charged in gold probe - 3 weeks ago, 23:24

Faith Karanja

Businessman Jared Otieno and 15 other suspects were yesterday charged with fraudulently receiving Sh300 million in a fake gold transaction.

In another count, the suspects were accused that on May 13, 2019 at Kaputei Gardens plot number 12 in Kileleshwa, they were found to be in possession of fake gold bars, heavy metal boxes stuffed with bags of cement and mallet hammers, and Ghana custom stickers

The items are said to have been used to convince buyers that the suspects were carrying on a genuine gold business.

The accused denied the charges before Chief Magistrate Francis Andayi.

Their lawyer, Stanley Kangahi, sought to have them released on lenient bail saying that they could not raise even a cash bail of Sh100,000.

Some of the accused said they were students while others said they were gardeners, taxi drivers and watchmen.

“If released on bail, the suspects will abide by all ...
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