In a recent case of alleged investment fraud, two directors of Brighter Africa Limited, Brian Mukolwe and Yvette Atieno Okoth, have been accused of defrauding unsuspecting businessmen out of Sh20 million.
A couple appeared in a Nairobi court yesterday, where they were charged with conspiracy to commit fraud. During the hearing presided over by Milimani Chief Magistrate Lucas Onyina, the defendants firmly denied the accusations against them and sought a more favorable bond arrangement.
The prosecution alleges that the fraudulent activities in question occurred over a span of two months, specifically between April and May 2024, suggesting a calculated effort to deceive. The court proceedings highlighted the seriousness of the charges, as well as the couple’s insistence on their innocence amidst the unfolding legal battle.
The court heard that Andanje Sheila Buyechero, who is the victim/the complainant in the case, lost up to Ksh 20,750,000 after they lied to him that they would invest the money in a collective scheme on her behalf.
The two also face similar charges involving Ernest Were, whom they allegedly defrauded of Ksh 8,786,100 under the pretence of investing the funds in a collective scheme.
They were additionally charged with operating a microfinance business without a license from the Central Bank of Kenya, an offence under Kenyan financial regulations.
The magistrate released them on Sh500,000 with an alternative cash bail of Sh100,000 each with the surety of the same amount.
The case will proceed next month for a hearing and further directions.
