Abbas Badru Omuyoma Faces Sh8.1 Million Gold Fraud Allegations

Allegations Against Abbas Badru Omuyoma

Businessman Abbas Badru Omuyoma, also known as Yuri Sande Ismael, is at the centre of a high-profile gold fraud case that has now been postponed to this month.

When trial court Magistrate Robinson Ondieki did not show up, the case—which concerns a purported Sh8.1 million gold scam—was first postponed. Therefore, the matter was rescheduled for hearing on September 23 by Milimani Senior Principal Magistrate Benmark Ekhubi, who was sitting in on Ondieki’s behalf.

According to the court documents, on August 11, 2021, Omuyoma was accused of obtaining USD 54,550 (Sh8,182,500) in Nairobi by making a false claim that he could provide 15 kilogrammes of gold. In the fraudulent transaction, he is charged with defrauding Belgian investor Yvan De Coninck.

Omuyoma is still free on cash bail while the case is pending a hearing this month, despite the grave accusations.