- Witnesses John Gitau mwangi has told magistrates Douglas ogoti that shem ochuodho wrote to former minister David mwiraria asking for permission to borrow sh2billion from an external lender.
The witness was testifying in case where Former Kenya Pipeline Company MD Shem Ochuodho and a director of tripple A are charged with sh 827M fraud. - Dr Ochuodho, who was sacked from KPC in December 2004, is accused of conspiring with former chairman Maurice Dantas to defraud the company of Sh827 million between May 2003 and June 2004.
The alleged fraud was committed in deals with local and foreign companies. - The trio had been accused of conspiring to defraud KPC the colossal amount through a bogus refinancing deal signed with Triple A Capital nearly 15 years ago.
The two suffered a blow to stop their prosecution when the Appellate Court ruled that former KPC bosses hoodwinked the AG’s office, the Finance and Energy ministries into approving the suspect refinancing deal and then went ahead to execute an entirely different plan. - Earlier former Kenya Pipeline board Member Engineer Caleb Olall has told the Anti-corruption court that the Kenya Pipeline Company board did not approve the borrowing of 2 billion from Triple A Capital Limited. This was revealed during the ongoing case between Former Kenya Pipeline Company Managing Director and Dr Shem Ochuodho .
