Businessman cum Fraudster Peter Kimani Kibagio charged with Sh 7.3Million Fuel Fraud

A middle aged man has been charged with conspiracy to defraud an oil dealer of diesel worth over Sh7.3 million.

Peter Kimani Kibagio appeared before Milimani Principal Magistrate Bernard Ochoi and denied a further charge of obtaining goods by false pretense.

The charges stated purchased 57,000 litres of diesel on diverse dates between June 1, and June 16, 2022 at Vivo energy Kenya, Nairobi terminal along Nanyuki Road and failed to pay.

The court heard that he committed the offence jointly with others not before court, with intent to defraud by conspiring to defraud Roy Transporters Ltd of Sh7,324,500 by falsely pretending that he was in a position to pay for the fuel.

The prosecution told the court that Kibagio claimed that he would pay for the diesel using postdated cheques.

He was released on a cash bail of Sh3 million and the case will be mentioned on July 20.