Real Estate manager charged with fraud
24 July 2012, 15:45
A Kenyan Manager of a Multi million Oasis Village tourists estate was on Monday charged in a Malindi court for obtaining over KES 20 Million by fraud.
Thomas Hinzano Ngonyo appeared before the Malindi Principal Magistrate Mr. Yusuf Shikanda and pleaded not guilt to the charges.
He was to be charged alongside his director Cosmo Policino and an Italian Teresa Maria who were said to be in Italy.
However Prosecutor Chief Inspector Ngao asked the magistrate to issue their arrest warrant for failing to appear to take a plea but Mr. Shikanda said he would consider issuing warrant if they refuse to appear in the next hearing.
Hinzano was charged that on February 2, 2007 at Malindi town within Kilifi County together with others not before court with Intention to defraud obtained KES 1.1 million from Maurizio Turato pretending he was in a position to sell to him two apartments; a fact he knew was false.
In the second count he was charged that on April 1 2009 in the same place jointly with others not before the court with intent to defraud obtained KES 6 million from Turato claiming he would sell to him another two apartments a fact he also knew was false.
The court also heard that on April 30 2009 jointly with others not before the court with intentions to defraud obtained a further KES 6 million from the same Italian investor claiming he would sell to him two more villas a fact he also knew to be not true.
“In the fourth Count Hinzano was accused that on April 25 2008 he obtained KES 2.1 million from Marchi Edgardo pretending he would sell to him an apartment.
On the same day he was also accused of defrauding KES 5.09 million from Mullas Stefania claiming he would sell to him two apartments.
"On February 10 2007 at Oasis village jointly with others not before court without any authority, grant or representation he sold two other apartments thus inter-meddling with the estate of the late Nicola Polcino which is being administered by the Public trustee of Kenya,” the court heard.
The Magistrate ordered the accused be released on a bond of KES 3 million with a surety of a similar amount till August 30 2012 when the case is set for hearing.
Since he could not immediately raise the bond, he was later locked at the Malindi GK prison.
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