A businessman has been charged at the Milimani Law Courts with conspiring to defraud an American national of more than Sh 223.7 million in a fake gold deal.
David Onyango Ochanda appeared before Senior Principal Magistrate Dolphina Alego and denied the charges against him.
Ochanda is facing charges of jointly conspiring with others already charged to swindle Tanner Caldwell Cook between March 31 and May 30, 2024, in Nairobi.
The prosecution alleges that Ochanda and his accomplices falsely claimed they were in a position to sell 2,820 kilograms of gold to Cook, knowing the representation to be false.
The court released him with bond of Sh 4 million with two sureties, or alternatively a cash bail of Sh400,000 with two contact persons.
He was also ordered to surrender his passport to the court.
The case will be mentioned on September 8, 2025, in Court No. 7 for pre-trial and consolidation with related cases.