Foreign Businessman in court for stealing of shares

 


The Armenian businessman Atur Tigranyan who has been charged with conspiracy to defraud and stealing will continue in a months time after the plea by the Investigating officer sought time to complete scrutinizing key areas in the matter to be relied on during the proceedings.


The state prosecutor Ann Munyua told the Milimani senior principal magistrate Martha Nanzushi that the officer investigating the matter has pleaded with the court to be given two months to scrutinize the necessary areas for more facts which will be highly relied on during the hearing of the matter.


The defence lawyer did not oppose the plea of adjournment by the prosecution considering his earlier plea for the charges review,


"Your honor I don't oppose the plea of adjournment by the prosecution since I had earlier requested for the review of the charges," said the lawyer.


The controversial businessman has been charged with series of forgeries and stealing which is contrary to the law.


Atur was charged that on diverse dates between May 2 and August 2, 2023 at unknown place within the country jointly with others not before court conspired to defraud 500 shares from Artak Haryutunyan and 250 shares from Tigran Arzumanyan.


He also faced with two counts of forging a transfer deeds and in respect to transfer the said shares sepatately from Urartu Holdings Limited to Hope June Okumu purporting to have been signed and stamped by the advocate Paul Minishi a fact which was false.


He was further charged with two counts of stealing of 500 shares from Artak and 250 shares from Tigran  which is against the law.


According to the court documents, Artur jointly with others not in court at Registrar of Companies within Nairobi county was charged with stealing a total of 750 shares.


The said shares were the properties of Ceiling Limited and Urartu Holdings Limited all valued at Sh 75,000

 

The matter was scheduled for further directions on June 4, 2024 .

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