A Somali businessman appeared in a Nairobi court on Tuesday, facing charges of defrauding a fellow trader of Sh 3.2 million. Ibrahim Gerad Hassan was arraigned before Magistrate BenMark Ekhubi, where he pleaded not guilty to the charges.
Hassan is accused of deceiving Ahmed Abdullah Dimbil by falsely claiming that he could partner with him in a business venture to import socks from China. The alleged fraud took place between January 14, 2024, and June 15, 2024, within Nairobi County.
According to the prosecution, Hassan obtained the sum of Sh 3.2 million from Dimbil under the pretense of joining him in the socks importation business. However, it later emerged that Hassan had no intention or capability of fulfilling his promise.
During the court proceedings, Hassan denied the charges and requested to be released on reasonable bail. Magistrate Ekhubi granted him a Sh 500,000 cash bail and set the case for mention on October 17, 2024, for pretrial.