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Originally published by The Standard
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November 25, 2024
1y ago

Court finds Devani has case to answer in Sh1.5b jet fuel scam

Court finds Devani has case to answer in Sh1.5b jet fuel scam

A court has found businessman Yagnesh Devani has a case to answer in connection with the 2008 Sh1.5 billion Kipevu jet fuel scam...

✨ Key Highlights

A court has ruled that Yagnesh Devani and former finance manager Mahindra Pathak have a case to answer in the 2008 Sh1.5 billion Kipevu jet fuel scam, following allegations of theft and fraudulent disposal of fuel.

  • 451,572 metric tonnes of automated gas oil and jet fuel are involved in the case.
  • The accused include Yagnesh Devani, his company Triton Petroleum Limited, and Peter Muthungu.
  • The ruling mandates Devani to appear in court on January 20, 2025, after being tried in absentia for 16 years.

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