Home business How Kenyan businessman Kirimi Koome Stole From Us, Foreigner Tells Court

How Kenyan businessman Kirimi Koome Stole From Us, Foreigner Tells Court

A Rwandese national fighting for the control of a payment solution firm with a Kenyan partner turned rival has narrated before a judge how he founded the company.

Desire Muhinyuza who also alleges to have been conned over Sh 400 million by Kenyan investor Kirimi Koome, informed the High Court that he founded Stay Online Company before seeking to expand the business in Kenya.

He said he founded the company in Rwanda before moving to other African Countries including Kenya and Canada.
The investor said he was introduced to Kirimi Koome by a man identified as Patrick Gakumba, an E-commerce manager at Equity Bank Rwanda and his Employer.

According to Gakumba, Kirimi was a very rich man from a well-known and wealthy family and with whom engaging in business with would be really good.

The court heard that Muhinyuza was first introduced to Kirimi through mobile phone about business and was enlightened by the prospective business partner.

He said they agreed with Kirimi to incorporate and extend Stay Online Company to Kenya and the latter would be a Kenyan representative.

READ ALSO  Former President Uhuru accuses SABINA CHEGE of stealing Sh 90 million in the few days she has been Jubilee Party leader

Koome would then proceed with the registration on his behalf before the Rwandan updated his immigration status.

Upon being instructed by Muhinyuza to register the companies, Koome allegedly wrote to Pamela Ager stating that stay online has been registered successfully and that he was to was 100 percent shareholder of the company.

READ ALSO  Dried Human Foot Turns Shopkeeper's Fortune Around

He (Koome) further allegedly told Ager that he and Muhinyuza were in an agreement to take over as the owner of the company as Muhinyuza was still processing his legal stay in Kenya.

“The initial capital demanded to facilitate the SOL Company in Kenya was USD 100,000 where the negotiation was engaged with the bank in Kenya and the amount was reduced to USD 29000,” said the investor.

Muhinyuza further told the court that he initiated a transfer of USD 20,000 from the Stay Online Company account to Kirimi Koome Equity personal account which was meant for facilitation costs of the company.

According to the documents presented before the court, the USD20,000 that was transferred to facilitate the company in Kenya was never wired to the company’s account, but instead, it was wired to Kirimi Koome’s personal account held in Equity bank Meru branch.

The M-Pesa statements presented before court as witness indicated that Kirimi started transferring the said money meant for company’s provision for his personal use through his M-Pesa account.

Kirimi further requested USD 100,000 which Kirimi explained to Muhinyuza that was for the facilitation of tax provision for approval which was further wired to Kirimi’s personal account.

READ ALSO  Businessmen Deepak Kamani and his brother Rashmi have been acquitted alongside three former government officials, in the Sh7 billion Anglo Leasing scandal case for lack of evidence

In a WhatsApp message document between Koome and Muhinyuza provided in court, Koome had demanded the USD 100,000 after Muhinyuza had enquired why the business had come to a still and why there was no transactions going on.

“Can you please approve those pending transactions since yesterday, business has come to a stop just waiting for your approval, not fair at all. And he responded, kindly initiate USD 100,000 for tax provision,” stated the document.

READ ALSO  gold scammer Jared Kiasa Otieno charged over theft of gold worth Sh54, 294, 457 in Nairobi.

Further, the document states that Muhinyuza upon enquiring further what the merchants pay out had to do with the next season’s tax of the company, Koome never communicated with the recipient again on the future of the company and that’s when he decided to file a law suit in court.

RELATED ARTICLES

EXPLAINER: Kenya Added To The International Money Laundering Grey List And What That Means

The Financial Action Task Force, FATF, international crime watchdog on Friday added Kenya and Namibia to its ‘grey list’ of countries that need increased...

Corrupt Officials Behind Passports Backlog To Be Fired, CS Kindiki Launches Fresh Crackdown On Nyayo House Cartels

The Government has commenced a fresh crackdown to rid the Immigration Department of corrupt officials. In a statement, Interior Cabinet Secretary Kithure Kindiki noted that...

Crackdown Launched On Coffee And Tea Firms Manipulating Weighing Machines

Both the National and Kiambu County Governments have launched a crackdown on public and private coffee and tea companies that allegedly manipulate weighing machines...

LEAVE A REPLY

Please enter your comment!
Please enter your name here
READ ALSO  Registrar:Rwandese Investor Desire Muhinyuza is the beneficial owner of a Sh400 million tech firm-Stay Online Kenya Limited

Most Popular

Xiaomi Kenya’s Redmi A3: The Must-Have Smartphone for Your April Holiday

With a chic design, a spacious high refresh rate screen, AI dual camera system, and other features, Redmi A3 takes the entry-level smartphone user...

Kenyan Lawyer Mwenda Njagi Challenges President Ruto in Court over Naivasha Land Grabbing

MP Kihara's Controversial Utterances Fuel Lawyer Mwenda Njagi's Lawsuit against President Ruto Ndabibi farm residents through their city lawyer Mwenda Njagi have vowed to...

Scandal Unveiled: Witch Doctor Charged with Exposing Governor Fernandez Barasa’s Nude Photos

From Traditional Healers to Online Scammers: The Evolution of Witch Doctor Blackmail Breaking News: Witch Doctor Exposes Governor Fernandez Barasa in Shocking Blackmail...

Grab your chance: Register on 1xBet using Promocode MILTONCASH20 and enjoy Ksh 200 bonus

How to register on 1xBet using Promocode MILTONCASH20 and Get Ksh 200 plus 200% bonus on your first deposit. Enter your first name and surname,...

Recent Comments

HTML Snippets Powered By : XYZScripts.com