A suspected serial obtainer has been released on Sh2 million bond after he was remanded for 14 days in Mavoko, Machakos County.
Mohamed Zeshan Saroya secured his temporary freedom after Mavoko Law Courts released him on Monday, February 20, after a successful bond application by his defence team.
The suspect appeared before magistrate Barbara Ojoo.
He faces two charges; obtaining credit by false pretences contrary to Section 316(a) of the penal code and issuing a bad cheque.
According to court documents, Mohamed Zeshan Saroya on diverse dates between March 2021 and May 2022 at Athi River Steel Plant Limited in Athi River within Machakos obtained credit amounting to Sh161,022,020.64 from the said Athi River Steel Plant Ltd by falsely pretending that he was in a position to pay for assorted steel and thereafter presented bouncing cheques.
He was arrested on February 4, 2023, and arraigned on February 6. He pleaded not guilty to both offences.
The suspect was remanded at the Athi River G.K prison, Kitengela, after the prosecution asked for more time to respond to the bail application submitted to the court by his lawyers.
The court granted the prosecution seven days before the probation team presented their report during a pre-bail trial last Friday.
He was granted a Sh1 million cash bail or a Sh2 million bond.
The suspect surrendered a motor vehicle logbook to secure his release.
The prosecution told the court that the suspect was a serial obtainer with similar pending cases across the country including Pangani where he is accused of obtaining Sh5 million through false pretence and an unspecified amount in Parklands