The four had been charged with discounting Triton invoices at KCB amounting to $12,241,873.90 (Sh1,946,457,950.10) when no oil had been sold by Triton. Mr Devani was charged last month and released on a cash bail of Sh1 million. Mr Devani was on the run for 16 years until January when he was extradited from Britain and detained at Muthaiga Police Station. He was accused of committing the offence between April 23 and December 4, 2008 at Kipevu Oil Storage facility in Mombasa. It is alleged that he committed the offence on diverse dates between April 23 and December 4, 2008 at Kipevu Oil Storage facility in Mombasa.

Source: Daily Nation February 13, 2024 11:10 UTC