Meru Senator Mithika Linturi is now accused of using forged signatures to secure a Ksh 530 million loan from the Family Bank, an allegation that could see him arrested.
Linturi and his current wife Emily Nkirote Buantai have already appealed to the High Court to ask for early bail to prevent their arrest.
In his case, Lintury says Director of Public Prosecutions (DPP) Noordin Haji has already recommended his arrest in connection with the alleged fraud among 38 other allegations.
“The arrest, charges and impending prosecution also relate to a fraudulent change of management, shareholding and share capital of Atticon Ltd,” Linturi said in court documents.
In the event of his arrest, Linturi also faces charges of false information, obtaining credit under false pretenses, identity theft, abuse of power and fraudulently obtaining the registration of documents. ‘charge.
Previously, Mr. Linturi owned 100% Atticon Ltd, before selling 50% of the capital to Baron Estates Ltd, a company associated with Ms. Kitany.
At first, Braon guaranteed a loan of Ksh 50 million, before he was kicked out of Atticon and the loan increased to Ksh 530 million, using Baron’s properties as collateral.
Baron has two signatories, Mrs. Rhoda Kitany and Collins Kipchumba Ngetich. According to an audit, the signatures of the two were forged for Atticon to acquire three loans, one of which was in the form of an overdraft.
At first, Atticon acquired Ksh 100 million from Family Bank before adding another loan of Ksh 325.7 million. The last was an overdraft of 100 million Ksh.
Ms Kitany’s signature, however, was not tampered with according to the audit report.