Top Nairobi Businessman Accused of Stealing Ksh.356 Million from Own Company

A company director has been taken to court over claims that he stole more than Ksh.356 million from the company he helps manage.

Honey Khatwani, a director at OKI General Trading Limited, was charged in a Nairobi court on Monday. He is accused of stealing $2.78 million (around Ksh.356 million) between January 2020 and June 2024 in the Barbado area, Nairobi.

The court heard that Khatwani allegedly took the money while acting as a director of the company.

Asking for lenient bail conditions, Khatwani said he is not a flight risk and lives in Kenya with his family. His lawyer, Kennedy Echesa, reminded the court that Khatwani is still innocent until proven guilty and asked for fair bail terms.

However, the prosecution argued that the large amount of money involved could make Khatwani a flight risk and asked the court to take away his travel documents.

His legal team responded by saying he had already been released earlier on Ksh.200,000 cash bail when he was first arrested and asked for the same bail conditions now.

Khatwani also told the court that he is sick and requested to be allowed to seek treatment at Avenue Hospital.

The magistrate will give a decision on the bail application on Tuesday.

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