Nairobi Businessman Walter Wekhanya Keya Charged Over KSh15.1 Million Fraud
BY Milton Oluoch Nairobi businessman Walter Wekhanya Keya has been charged with three offences in connection with an alleged KSh15.1 million fraud scheme involving money reportedly obtained for a purported business investment. Keya was arraigned before Makadara Law Courts Senior Resident Magistrate Stephany Bett , where he pleaded not guilty to charges of conspiracy to defraud, obtaining money by false pretence and possession of proceeds of crime. According to the prosecution, between May and October 2023 at Drive Inn in Starehe Sub-County, Nairobi, Keya and others allegedly conspired to obtain KSh15.1 million from Constant Wanyonyi by falsely representing that they were capable of investing the money in a business venture. KSh5.1 Million False Pretence Charge In the second count, Keya is accused of obtaining KSh5.1 million from Wanyonyi , jointly with others, through the same alleged false representation. Prosecutors further accuse Keya of knowingly possessing the KSh5.1 million while aware that the funds constituted or formed part of proceeds of crime allegedly committed by him or other persons. Keya denied all the charges. Keya Granted KSh5 Million Cash Bail The prosecution, led by Principal Prosecution Counsel Maureen Mwenesa , did not oppose Keya's release on bond or bail. The court subsequently granted the businessman a KSh10 million bond with a surety of a similar amount , with an alternative cash bail of KSh5 million , pending the hearing and determination of the case. The charges place Walter Wekhanya Keya at the centre of a multimillion-shilling criminal case that will now proceed before the Makadara Law Courts, where prosecutors will be required to prove the accusations against him.