DPP charges Nairobi businessman over alleged Sh15.1mn fraud
Walter Wekhanya Keya appeared before Makadara Law Courts Senior Resident Magistrate Stephany Bett and denied three charges of conspiracy to defraud, obtaining money by false pretences and possession of proceeds of crime.
Nairobi businessman Walter Wekhanya Keya has been charged with three counts of fraud following allegations of obtaining Sh15.1 million from a man through false pretences. Keya appeared before Makadara Law Courts Senior Resident Magistrate Stephany Bett and pleaded not guilty to all charges. Prosecutors allege that between May and October 2023, Keya conspired with others to defraud Constant Wanyonyi of the substantial sum.
The prosecution claims that Keya and his alleged accomplices falsely assured Wanyonyi of their ability to invest the money in a business venture. Separately, Keya is accused of obtaining Sh5.1 million from Wanyonyi through the same fraudulent representation, and is alleged to have knowingly possessed the money, knowing it was proceeds of crime.
Keya was granted a bond of Sh10 million with a surety of the same amount, or an alternative cash bail of Sh5 million, to remain under the court's supervision as the case continues.
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