Lawyer in Sh 23M shares fraud detained for failing to attend court

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A lawyer facing charges of stealing shares worth Sh 23 million will spend the next few weeks in jail for failing to appear in court several times.

Lawyer Robert K. Langat was arraigned before Senior Resident Magistrate Zainab Abdul after he was arrested under a warrant of arrest on 17th March.

The accused will be remanded at Kilimani police station pending directions of the trial court on 20th April.

Langat was arrested yesterday by railways police at Chiromo mortuary during a relative’s postmortem.

According to the magistrate the advocate was treating the matter casually, a conduct that may become worse if tolerated.

After the warrant of arrest was issued, the court forfeited his cash bail to the state.

Langat and and his co-accused Gerald Mwiti Murithi are accused of stealing 1,026,700 shares valued at Sh 23,697,131.15 million, property of Kingdom Securities limited.

They are further charged with forging a certificate of confirmation of grant purporting to be a genuine certificate of issued and signed at Milimani high court by Justice Aggrey Muchelule.

Mwiti is accused that otherwise than in the cause of stealing, he received money from the sale of the shares into his account held at Spire bank, formerly K-rep bank Waiyaki Way knowing or having reason to believe them to be stolen property.

It is alleged that the offenses were commited on diverse dates between 8th March and 7th April 2017 at Kingdom Securities limited in Nairobi county.