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Keter, two others deny Sh634m forgery charges

Nandi Hills MP Alfred Keter, businessmen Arthur Sakwa and Madat Chatur were yesterday charged with presenting 42 forged Treasury Bills amounting to Sh634 million to the Central Bank of Kenya seeking payment.

The three, who spent three days in police cells, denied 11 counts of conspiracy to defraud CBK, forgeries, uttering and making false documents before Milimani chief magistrate Francis Andayi.

However, prosecution led by Senior State counsel Daniel Karuri’s request to deny the suspects bail on grounds that Chatur is a flight risk and he used a forged ID but the request was denied.

“Madat Saburali Chatur is a flight risk given that we have not established his real identity since he presented an ID card bearing the number of another person when he was arrested at CBK premises.

Our preliminary investigation has established that the same ID belongs to another person therefore he should be denied bond,” he said. Lawyer Tanui Bosek for Keter, however, asked the court to release his client on reasonable cash bail, saying it is his constitutional rights to be granted bond.

Justice Andayi ordered the three to be released on a cash bail of Sh2 million or a bond of Sh5 million with a surety of similar amount. The magistrate also ordered the accused persons to report to the investigating officer at DCI headquarters once a week until further notice.

Andayi further ordered the prosecution to supply the defence with continuous CCTV footage from the time the accused arrived at CBK premises, while having a meeting with CBK Governor Patrick Njoroge.

Keter and his co-accused persons were arrested on Friday and spent the weekend at Muthaiga police station. Their arrest came minutes after they had held a meeting with CBK Governor Patrick Njoroge on Friday. They were accused of presenting forged 90-day Treasury Bills dated 1990. The case will be heard on June 4.

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