The proprietors of Busara Forest View Academy have been charged before a Nairobi court with intent to defraud land worth Sh 20 million from the said school.
Joseph Wagura Karanja and Martha Wangui Karanja were charged that on 3rd May 2001 at Nyandarua District Land Registry jointly with others not before court, with intent to defraud M/S Busara Forest view Academy Limited of its five acre parcel of Land Ref; Nyandarua/OLJORO OROK SALIENT/1343 valued at Sh 20 million, conspired by means of transferring ownership to Busara Computer Point Limited without any board resolution.
The two were further charged with obtaining the registration of the said parcel of land by false pretenses.
In another count, Joseph was charged with forging a transfer of shares certificate filed with the registrar of companies in Nairobi purporting it to be a valid and genuine certificate signed by the late Johannes Karanja to enable him become a director of the Academy, a fact he knew to be false.
Joseph faces another charge of uttering the forged transfer of shares certificate dated 21st October 1994 to Mary Njoki Githome, a state counsel at the Attorney General’s office Nairobi knowingly and fraudulently purporting it to be genuine.
He is accused of committing the offense on 21st October 1994 at the Attorney General’s office in Nairobi.
The two denied the charges before Chief Magistrate Francis Andayi who granted them a bond Sh 1.5 million or alternative cash bail of Sh 1 million each.