The hearing of a case in which five Kenyans have been accused of defrauding investors Sh 75 million in a fake Brazil Sugar deal has been set for May 2025.
Senior Principal Magistrate Robinson Ondieki directed the hearing of the case to commence om 25th May.
The suspects include Abdirizak Kasim Bare, Abdi Khani Gedi and Noor Hassan who have already pleaded to charges.
Others are Mary Muthoni Gitonga and Grace Mwarania Waiguma who are still at large.
The five are accused of luring investors into a Brazil sugar import deal that saw them lose millions of shillings.
The accused persons are accused of obtaining Sh 45,150,100 from Raise Mohamed by pretending they were in a position to import for him sugar from Brazil to Kenya, a fact they knew to be false.
It is alleged that they committed the offense on diverse dates between May and 1st October 2023 within Nairobi.
In another charge, the five persons are facing charges of obtaining Sh 18 million from Sadia Abdi Mohamed by pretending they could import Sugar for her from Brazil.
Other victims are Halima Abdulahi Afe who was allegedly defrauded Sh 5,786,000 and Wariyo Godana Kalicha who was defrauded Sh 6,700,000.
The accused persons are currently out on a cash bail of Sh 500,000 each.
