A businessman has been charged with fraud over Sh 7 million diesel.
Peter Kimani Kibagio is accused of conspiring with others not before court to defraud Roy Transporters Limited of 57,000 litres of diesel valued at Sh7,324,500 by pretending that he was able to pay, a fact he knew to be false.
Kibagio is alleged to have committed the offence on diverse dates between 1st and 16th June 2022 at Vivo Energy Kenya, Nairobi terminal along Nanyuki Road in Kenya.
The accused is also charged with obtaining goods by false pretences.
The court heard that he obtained the said diesel from Roy Transporters by falsely pretending that he was able to pay using postdated cheques.
Kibagio denied the charges before Senior Principal Magistrate Bernard Ochoi.
He was granted a bond of Sh 4 million with alternative cash bail of Sh 3 million.
