In Other News · Kenya

Source: Kenya Today

SPECIAL INVESTIGATION | KENYA A dispute over the ownership of shares in a Kenyan family company has developed into a criminal prosecution involving a company secretary, two members of the same family and serious questions about the integrity of corporate registration documents. Jane Wangechi Kabiu (circled) At the centre of the case is Jane Wangechi Kabiu, also known as Jane Kabiu Gitau, whom court documents identify as the company secretary of Mathara Holdings Limited through Optimum Registrars. She faces charges of conspiracy to defraud, forgery and uttering a false document in proceedings before the Milimani Chief Magistrate's Court. Her co-accused, Eric Mwaura Karugu and Benjamin Githara Karugu, are also charged with conspiracy to defraud. They face additional accusations of giving false information to a Directorate of Criminal Investigations officer. The complainant is Victoria Nyambura Karugu, whose ownership interest in Mathara Holdings Limited forms the basis of the dispute. The case, Criminal Case No. E644 of 2025, concerns a share transfer that prosecutors say was carried out using a document falsely presented as the complainant's genuine instrument. All three accused contest the prosecution, and the charges remain accusations that must be proved in court. What makes the dispute particularly significant is...