Businessman charged over 1992 Sh 700 million land fraud

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A businessman has been charged with conspiracy to defraud and obtaining of registration of a land worth Sh 700 million.

Manjit Singh Amrit is accused that on 15th December 1992 at Ardhi house Land title registry in Nairobi, with intent to defraud Burudi Nabwera and Tabitha Nasipowondi Nabwera of land LR. 209/11645 IR. 57221 currently valued at Sh 700 million, willfully obtained registration of the said parcel of land in the name of Buna Agencies limited by falsely pretending to be the registered proprietor of the said parcel of land, a fact he knew was false.

Amrit is also charged with conspiring to defraud two shares from 82 years old Burudi Nabwera and Tabitha Nasipowondi Nabwera the Directors of Buna Agencies limited, by fraudulently transferring and registering the shares of Buna Agencies limited at the registrar of companies a fact he new was false.

He is alleged to have committed the offence on diverse dates between 18th December 1992 and 18th January 1993 at unknown place within the Republic of Kenya, jointly with others not before court.

The accused is further facing a charge of forging signatures of Nabwera on transfer of share or stock form dated 18th January 1993 purporting it to be genuine and valid signature made by Nasipowondi, a fact he knew was false.

He is alleged to have committed the offence on unknown dates and places in the country, jointly with others not before court, with intent to defraud.

Amrit denied the charges before Chief Magistrate Francis Andayi and was granted a bond of Sh 1 million with alternative cash bail of Sh 500,000.