A man who has been accused of fraudulently obtaining 76M from Danson Mungatana has been arraigned in court.
The Chad national has been accused of obtaining the money from Mr. Mungatana with a promise of investing the money in oil business.
Appearing in Milimani Court on Tuesday, Mr. Abdoulaye Tamba Kouro denied the charges.
The alleged fraud is said to have happened in Hurlingham, Kilimani between April 2011 and April 2013. He is also accused of obtaining a sum of Ksh 700,000 from Mr. Muteke Maku with a promise of investing the money only to fail in his promise.
Other charges leveled against Mr. Abdoulaye include possession of fake Ksh 960,000 which was in different currencies in an apartment in Nairobi.
The fake currencies are said to be in different currencies ranging from Euro’s and Dollars.
He was released on a Ksh 5 million bond and an alternative of Ksh 3 million in cash.
The case will be heard again on 29th October.