Two men have been charged afresh in Sh 38 million gold fraid case.
Steve Okoth Odek alias Andrew alias David N. Bett and Tim Orao Shikalo alias Vincent Oloa Wanton are accused of obtaining USD 265,200 (Apprx. Sh 38,188,800) from Asianic Limited by falsely pretending that they were in a position to sell 580 kgs of gold to them, a fact they knew to be false.
In another count, the duo is charged with jointly conspiring to defraud Asianic Ltd the said money.
Odek and Shikalo are alleged to have committed the offense on diverse dates between 1st February and 2nd August 2024 in Nairobi, Kenya.
They denied the charges before Principal Magistrate Caroline Mugo.
The two are out on a Sh 800,000 bail each.
