Courts

Directors of Brighter Africa Ltd Charged With Sh30M Fraud

Two directors of a private firm have been charged with Sh30 million fraud.

Brian Mukolwe and Yvette Atieno Okoth, who are directors of Brighter Africa Limited were presented before Milimani Chief Magistrate Lucas Onyina where they denied the charges.

It is alleged that they jointly conspired to defraud Andanje Sheila Buyechero of Sh20,750,000 by falsely pretending that they would invest in a collective scheme on her behalf.

The charges stated that they committed the offences on diverse dates between 1st day of May, 2021 and 30th April, 2024 in Nairobi County.

The duo were further accused of conspiring to defraud Ernest Were of Sh. 8,786,100 by falsely pretending that they would invest the money, an offence they allegedly committed on diverse dates between June 1, 2019 and 30th day of March 2023 in Nairobi.

The two accused persons further denied carrying out business as a collective investment scheme without valid licence issued by Capital Market Authority (CMA), and Central Bank of Kenya (CBK).

They were ordered to deposit bond of Sh 300,000 or alternative cash bail of Sh100,000 each, to secure their release.


There's no story that cannot be told. We cover the stories that others don't want to be told, we bring you all the news you need. If you have tips, exposes or any story you need to be told bluntly and all queries write to us [email protected] also find us on Telegram

Related posts

Media Allowed To Cover Pastor Ng’ang’a Sh3.6M Fraud Case

nairobi-exposed

Court Sets Free Amazon Web Worker Fraud Mastermind

nairobi-exposed

Court Ties MozzartBet Directors To Money Laundering as They Fight to Recover Sh256 Million Frozen By The State

nairobi-exposed

Sh2.75B Land Compensation Scandal: PS Korir, MP Ntutu Accused of Embezzling Sh550M in Dupoto/Dafur Payout

nairobi-exposed

Why Lawyer Paul Gicheru now wants ICC judge thrown out of his bribery case

nairobi-exposed

Two Charged In Karen’s Multibillion Land Scam

nairobi-exposed

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More