A director of Oki General Trading Limited has told a Nairobi court how the company allegedly lost more than Sh356 million through theft by its former director.
Testifying before Milimani Principal Magistrate Dolphina Alego, Deepak Rajoria, who was appointed a director in January 2025, said a forensic audit revealed that the company had lost Sh356,711,174.40 between January 2020 and June 2024.
The audit also showed that several imported goods, including home appliances and foodstuffs, were missing.
Rajoria, who previously worked with the company’s parent office in Dubai, told the court that when he came to Kenya and assumed directorship, he noticed that funds and important documents were missing. He said Oki General Trading Limited, registered in Kenya on August 25, 2013, with its headquarters in Dubai, had suffered significant financial losses.
He testified that the accused, Honey Khatwani, resigned as a director of the company in July 2024 through a share transfer, and swore an affidavit confirming his resignation.
According to the witness, while still a director, Khatwani misused his powers, diverted funds to stabilize his own company, Galaxy Middle East Figure Limited, registered on September 23, 2022, and jointly held directorship with another former employee.
The court further heard that Khatwani allegedly deposited some company funds and client cheques into his personal and his wife’s M-PESA accounts. He is also accused of issuing fake invoices that understated the actual amounts received from clients.
Khatwani, an Indian national residing in Kenya, had earlier been charged with stealing Sh356,711,174.40 from Oki General Trading Limited in Baba Dogo, Ruaraka constituency. The prosecution claims the money came into his possession by virtue of his employment as director.
The case will proceed on September 24 2025.
