A businessman accused of defrauding investors of Sh 75 million by supplying them fake sugar will remain in custody pending a ruling on whether his bail would be restored.
Abdirizak Kasim Bare is accused of defrauding investors by claiming that he would supply them with sugar from Brazil.
The court directed him to remain in remand after failing to appear for his trial.
Trial magistrate Robinson Ondieki issued a warrant for his arrest after noting that it was not the first time for him to abscond court.
Magistrate and sought the lifting of the warrant.
The trader was, however, not lucky after the court directed him to remain in custody pending his ruling on the restoration of his bail.
In the case, the 46 year old businessman was charged alongside Abdi Khani Gedi and Noor Hassan.
Mary Muthoni Gitonga and Grace Mwarania Waiguma, who are suspected to be part of the crime, are still at large according to the Directorate of Criminal Investigations (DCI).
The suspects are accused of obtaining Sh 45,150,100 from Raise Mohamed by pretending they were in a position to import sugar from Brazil.
It is alleged that they committed the offence on diverse dates between May and 1st October 2023, in Nairobi.
In another count, the accused persons are charged with obtaining Sh 18 million from Sadia Abdi Mohamed by pretending they could import the commodity from Brazil.
Gedi and Hassan are also accused of obtaining Sh 5,786,000 from Halima Abdulahi Afe and Sh 6,700,000 from Wariyo Godana Kalicha under similar pretext.
The DCI described Bare as a prime suspect, adding that four business persons lost over Sh100 million to his criminal syndicate.
It is alleged that they committed the offense on diverse dates between May and 1st October 2023, in Nairobi.
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