SH4.1 BILLION FRAUD

Lake Basin graft case to commence hearing on November

It had stalled after two chinese contractors challenged their prosecution at the Appellate Court.

In Summary

•The same was dismissed by Justice Daniel Musinga, Hannah Okwenu and Jamila Mohammed.

•They ruled that although Zeyun Yang and Zhang Jing, the directors of Erdemann Property Ltd had an arguable appeal, they failed to show how they will be prejudiced if the trial is not stopped.

Former Kisumu assembly speaker Onyango Oloo and former Lake Basin Development Authority managing director Peter Aguko Abok in a Milimani court on September 9, 2019.
Former Kisumu assembly speaker Onyango Oloo and former Lake Basin Development Authority managing director Peter Aguko Abok in a Milimani court on September 9, 2019.
Image: ENOS TECHE

The trial of former Kisumu speaker Onyango Oloo and 11 others implicated in the Sh4.1 billion fraud at Lake Basin Development Authority will commence in November.

Anti-corruption magistrate Eunice Kagure on Monday set the hearing dates from November 21 to April 2023 following a consensus from the prosecution and defence counsels.

There will be breaks in between the months.

The case had stalled after two Chinese contractors challenged their prosecution at the Appellate court.

The same was dismissed by Justice Daniel Musinga, Hannah Okwenu and Jamila Mohammed.

They ruled that although Zeyun Yang and Zhang Jing, the directors of Erdemann Property Ltd had an arguable appeal, they failed to show how they will be prejudiced if the trial is not stopped.

They were arraigned before an anti-corruption court in 2019 and charged with graft alongside Oloo, and LBDA managing director Peter Abok among others.

It is alleged that between November 2, 2012, and May 2, 2018,  Abok and his co-accused conspired to commit an offence of corruption fraud leading to the loss of Sh4.5 billion.

The monies were in respect of the tender for construction, development and financing of a retail mall at Kanyakwar, Kisumu known as LBDA, Lower Kanyakwar Phase 1 project.

They all denied the charges.

 

Edited by Kiilu Damaris

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