On Monday, controversial businessman Jared Otieno has been released on a cash bail of Ksh.1.5 million or Ksh.2 million bond in a case where he is charged over a Ksh.300 million gold scam.
Interestingly, the prosecution was not opposed to their release on bond but the defence team argued that the accused persons were of different social status.
But just after Otieno was released, it emerged that he is also in another pending case on the same gold scam where they conned a south African USD 139,000 (Ksh 13 Million).
This came after two other suspects believed to be Otieno’s aides were charged separately on Monday, in yet another fake gold case involving another foreigner.
— NTV Kenya (@ntvkenya) May 27, 2019
Four of Jared Otieno’s co-accused were also released on a cash bail of Ksh.1.5 million while the rest were granted a Ksh.500,000 cash bail.
In the initial Ksh.300 million scam, Mr Ricky Thomas Ochieng’ alias Tom Okoth and Juliet Kathambi Kithinji, who are students, were released on a cash bail of Sh300,000 while two foreigners Abouma Tamoua and Albert Likole Lokunda were ordered to deposit a Sh1 million in court each or a bond of similar amounts with one contact person.
The accused were further ordered to deposit their passports in court and to be reporting the investigating officers once in every two weeks, failure to which their bond or bail will be cancelled.
Mr Otieno, together with Mr Philip Nashon Aroko, Mr Robert Ouko Owiti and Mr Ochieng denied that on diverse dates between February 8 and February 25, 2019 at Kaputei Gardens, with intent to defraud, they obtained from Sounthorn Chanthavong, a director of Simoung Group Company US $ 3 million (about Sh300 million).
According to the court documents, Otieno and his co-accused used fraudulent tricks including displaying heavy metal boxes allegedly parked with fake gold bars to defraud their victim.
The case will be mentioned on June 10 while the hearing was set for July 2.
The notorious and flamboyant businessman has been linked to related scams in the past.
On June 20, 2017, police arrested the businessman over claims he swindled foreigners in a gold export deal.
Senior principal magistrate Martha Mutuku allowed the request by police to detain him for seven more days to allow for completion of investigations.
The flashy businessman had been arrested for obtaining money by pretending to be in a position to export gold from Kenya to foreign countries.
He was arrested after several complaints to the police by four foreign nationals.
According to the police, the Mr Otieno often told the complainants that monies they sent him was used to pay government taxes and exportation expenses.