Moses Kipyegon, who is at the center of a Sh 33 million fraud case, has denied the allegations against him.
He stands accused of defrauding a private company of Sh 33,231,365.79, an act that is said to contravene legal statutes.
The charges were formally presented at the Kibera court by Chief Magistrate Ann Mwangi, where Kipyegon refuted the claims.
During the proceedings, it was revealed that the alleged fraudulent activities took place on various dates between June 10 and June 11 at an undisclosed location within the Republic of Kenya.
The prosecution told the court that his accomplices have been so far arrested and charged in court. “Other suspects have so far been charged before another court, I pray that the matter be mentioned on the fifth before the mentioned court where the other matter will be coming up for hearing,” said the prosecution.
His lawyer told the court that the accused person was not a flight risk and pleaded for a lenient bond term. She told the court that the accused person has two kids and a wife who stays in Nyandarua and seriously depends on them.
The court heard that the other accused persons were released on Sh200,000 bond with an alternative cash bail of Sh50,000. The magistrate directed that the bond terms be maintained and the contact person be availed in court for questioning.
She directed that the matter be mentioned next month for further directions.
