Three people have been charged with fraudulent transfer of shares from Mathara Holdings Limited to Centurion Holdings Limited.
Jane Wangechi Kabiu alias Jane Kabiu Gitau, Eric Mwaura Karugu and Benjamin Githara Karugu are accused of conspiring to defraud Victoria Nyambura Karugu of her shares by transferring one ordinary share from Mathara Holdings Limited to Centurion Holdings Limited.
The trio is alleged to have committed the offense on or about 2nd May 2012 at unknown place in Kenya.
Jane Kabiu is also charged with forging a share transfer form and uttering the forged document to the Director General, Business Registration Services.
On the other hand, the Karugus are also facing charges of giving false information to the police thereby causing them to undertake investigations which he ought not to have done.
The accused persons denied the charges before Chief Magistrate Dolphina Alego and were released on a cash bail of Sh 700,000 each.
The case will be mentioned on 20th January for pre trial.
