Rogue businessman Dedan Waithaka Mwangi charged with Sh 36 M fraud

A businessman has been charged with defraud a supplier of millions of shillings.

Dedan Waithaka Mwangi appeared before Milimani Chief Magistrate Susan Shitubi over allegations of conspiring to defraud Barcons and Partners Limited of Sh36 million.

The charge sheet stated that he committed the offence jointly with others not before court between June 1, 2021 and September 10, 2021.

The court heard that by use of fraudulent tricks, Mwangi caused Barcons and Partners Ltd to pay Leeran Ltd. Sh36 million for 32,500 litres of substances fraudulently represented to be Pramitol Herbicide.

The substances were to be supplied onwards to an entity fraudulently represented as the Serengeti Mara Trust.

He denied the charges and was released after depositing cash bail of Sh4 million.