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A businessman was yesterday charged in a Nairobi court with conspiracy to defraud a Rwandese investor Ksh400 million.

Kirimi Koome appeared before Milimani Chief Magistrate Lucas Onyina facing charges of conspiracy to defraud on diverse dates between July 10 and October 4.

The offence allegedly took place in Nairobi within Nairobi County.

The court heard that Kirimi jointly with others not before court conspired to defraud Desire Muhinyuza, a Rwandese national the money.

The court also heard that the accused had been appointed by Muhinyuza to register Stay Online Limited in the country while he regularized his immigration status in the country.

In the spirit of making Kenya an economic hub Muhinyuza requested SOL the mother company in Rwanda to wire USD 2,619,583 to the Kenyan branch to start the business in Kenya.

“The judiciary must protect the investors like Muhinyuza to generate income and offer employment to job seekers in the country,” said Muhinyuza’s lawyer Danstan Omari.

The prosecution did not oppose the release of the suspect on bond, but the defence asked the court to give the accused lenient bond terms. In his ruling the magistrate considered the submissions by the lawyers and released Kirimi on a Sh500,000 bond with one contact person.