Businessman denies supplying Sh209 million fake fertiliser

Business
By Collins Kweyu | May 06, 2024

Businessman Josiah Kariuki before Milimani anti-corruption court magistrate Celesa Okore. [Collins Kweyu, Standard]

A businessman associated with the alleged distribution of substandard fertiliser in the country will spend a night at Industrial Area Remand prison until Friday when the court will make a ruling on his bond application.

Josiah Kariuki alongside his two companies, 51 Capital Kenya and SBL Innovative, were charged before Milimani anti-corruption court magistrate Celesa Okore.

He denied seven counts of supplying 139,688 bags of fertiliser of 25 kilogrammes each of soil amendment and conditioner valued at Sh209,532,000.

Last week Thursday, his co-accused who are senior officials at the National Cereals and Produce Board (NCPB) were charged with similar offense.

The NCPB Managing Director Joseph Muna, Company Secretary John Kiplangat and Development Committee Chairman John Mbaya were each released on a bond of Sh3 million each or alternatively pay a cash bail of Sh1 million each.

Okore also ordered that they deposit their passports in court and make application for them in case they want to travel outside the country.

According to the charge sheet the crimes were allegedly committed between March 17, 2022 and March 8, 2024.

Kariuki was also charged with forging a Kenya Bureau of Standards (Kebs) permit in order to clear the way for 51 Capital African Diatomite industries to strike a deal with NCPB to supply the fake soil and conditioner branded as fertilizer.

His defence team objected to the prosecution's demand that the accused be denied bail.

"Your honour, we are seeking reasonable and affordable bond terms for the accused. He has cooperated well with the investigators and went to the high court to seek a conservatory bail," they said.

Kariuki's defence team argued that he had affixed abode, and family and was its breadwinner.

They asked the court to grant the accused the same bond terms as his co-accused who were charged and released last week.

The prosecution side argued that the accused was facing extremely serious charges as they not only touched on the farmers who were complainants but also many Kenyans.

"The life of the accused your honor is in danger from agitated members of the society outside there because his picture too has been publicized by the media. If he is detained for the period the case is on is better for his safety," asserted the prosecution side.

Share this story
What to know about impact of US-Israel-Iran conflict on regional energy supply
The ongoing conflict between the United States, Israel, and Iran is creating increasingly widespread ripple effects across the Middle East.
Ruto man Ndii rules out new negotiations with IMF team
A standoff between Kenya and the IMF over a new multi-billion-dollar loan programme deepened last week after David Ndii, declared that the country was “not negotiating” with the lender.
Sacco gross loans surpass Sh900b mark
The amount of loans disbursed by Saccos across the country exceeded Sh900 billion in December 2025, according to the latest quarterly industry statistical analysis update from Sasra.
Summit calls for stronger partnerships to tackle youth unemployment
Private sector players were urged to take a more active role in shaping training programmes.
Foreign capital surges as tourism boom drives Sh258 billion
Kenya is seeing a surge in foreign capital, with a tourism boom helping drive investments to Sh258 billion as investors target East Africa’s key economic hub.
.
RECOMMENDED NEWS