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Man Charged with Defrauding Financial Institutions Millions Is Freed On Bond

Frank Nyabwari was presented before the Makadara Court Magistrate, Eva Kanyiri, for a fraud case where he was reportedly accused of stealing millions from a financial institution. Frank Nyabwari was charged with defrauding a progressive financial Institution a substantial amount summing to shillings 2.5 million and forging motor vehicle cashbooks for defrauding institutions large sums of money.

In the second case hearing before Makadara Magistrate, Stephen Jalango, Mr. Nyabwari was charged with a similar bond case of forgery and fraud. The Magistrate again left him on a cash bail summing to five hundred thousand as the case is scheduled to be heard on September 8th.

The case involving Mr. Frank Nyabwari will be presented before the Milimani Law Courts before Magistrate Zainab Abdul on 7th September. The Milimani Law Court will give an active production warrant after Mr. Nyabweri denied the bails given in the Makadara Court.

Frank Nyaberi and his friends have been obtaining details of the logbooks and work in Cahoots with rogue officers from NTSA, this makes them change the ownership of the Vehicle. After changing the ownership of the vehicle, they go to microfinance institutions and take a maximum loan that your car can afford leaving car owners with huge loans to pay.

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Content created and supplied by: Saintvictorius (via Opera News )

Frank Nyabwari Makadara Milimani Law Court Nyabwari Stephen Jalango


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