Man in charged over Sh 24M sandalwood oil fake trade


A man has been charged with defrauding Sh 24 million from a businessman in a fake sandalwood oil trade.

John Kinyanjui Kiumbe allegedly obtained the money from Naftaly Mwaniki Munene by purporting that he would assist him trade in sandalwood oil, a fact he knew was false.

The accused is alleged to have committed the offence on diverse dates between 21st May 2018 and 1st September 2019 in Nairobi, jointly with others not before court with intent to defraud.

Kiumbe pleaded not guilty to the charges before Senior Resident Magistrate Sinkiyian Tobiko and was released on a cash bail of Sh 200,000.