Ex-Director Accused of Stealing KSh 356M From Oki Trading Before Starting Rival Firm
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By Dennis Wanyonyi
Director Testifies in KSh 356M Oki Trading Fraud Case
A director of Oki Trading Kenya Limited has testified before a Milimani court on how the company’s former director allegedly stole KSh 356 million before resigning and starting his own firm.
While appearing before Senior Principal Magistrate Dolphina Alego, Deepak Rajoria, the current Director of Oki Trading Kenya Limited, detailed how the accused, Honey Khatwani, misappropriated the funds.
Rajoria, who was previously employed by the company’s parent firm in Dubai, told the court that he was appointed as a director of the Kenyan subsidiary in January this year. Upon assuming his new role, he discovered missing funds and documents.
“I was an employee of the mother company based in Dubai. When I came to Kenya, I was appointed a director and realized there were funds and documents that were missing,” Rajoria testified.
He further confirmed that Khatwani, an Indian national, was a former director and employee of Oki Trading until July 2024.
According to the prosecution, Khatwani is alleged to have siphoned KSh 356 million from Oki Trading and used the money to establish his own company, Galaxy Middle East Africa Limited.
The case continues.
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