Oil tycoon Yagnesh Devani will spend the next 13 days at an Industrial area remand pending a court ruling on whether he will be released on bond after he was charged with fraud.
In the meantime, Milimani Magistrate Thomas Nzyuki directed that a pre-bail report be filed before the court within the next seven days.
The report, he said, should detail persons related to him, their whereabouts and the social behaviour of the accused person.
“The pre-bail report should be done with an element of a social enquiry.. Find out persons related to him. Also, you need to find out about his behaviour, where the wife and the son are,” said the Magistrate.
The directive came after the tycoon denied fraud charges in relation to the 2008 Triton oil scandal.
His release on bail was strongly opposed by the prosecution for fear that he may abscond.
“For someone who absconded court for 16 years to a point extradition proceedings was done to compel him to come back to attend to his matters is a compelling reason to deny him bail,” said the prosecution.
more to follow
Source: theStars .co.ke
Original writer: [email protected] (SUSAN MUHINDI)
