lawyers Thomas Otieno Ngoe and businessman Nicholas Otieno Ndolo in Court
Nicholas Otieno Ndolo and Thomas Otieno Ngoe
Two suspects, lawyers Thomas Otieno Ngoe and businessman Nicholas Otieno Ndolo, were arraigned yesterday at a Kibera court in connection with swindling a foreigner of gold worth USD 123 million, equivalent to Sh 16 billion.
Nicholas Otieno Ndolo and Thomas Otieno Ngoe appeared before senior principal magistrate Charles Mwaniki. The gold to be purchased weighed 3000 kilograms.
Police had applied to be given 14 days to hold them as they complete their investigations under an affidavit that was presented in court by the prosecution side.
However, the two suspects were released on a cash bail of Sh500 000 and ordered to report to the investigating officer whenever they are required to pending charges.
Police was given a duration of 14 days to appeal the ruling if dissatisfied with it.
The suspects who, according to the po…
[3:40 pm, 14/07/2026] Jasi Dream Homes: Kenya’s already fragile economy is being gutted by ruthless tax cheats — and at the centre of the storm is Deepak Rajoriya, Director of Oki General Trading Kenya Limited, now exposed as the mastermind of a multimillion-dollar fraud racket.
Recent Kenya Revenue Authority (KRA) raids uncovered a scheme involving the illegal importation of perfumes worth more than USD 300,000 (KSh 39 million), cleared into Kenya with a paltry KSh 2 million in duty, a fraction of the actual liability.
This was no oversight. Investigations show it was a calculated racket, executed through a complex web of shell companies, including Satnam Limited and Satnam Kenya Investment Limited, designed to manipulate import paperwork and shield the fraud from scrutiny.
Even more alarming, Karan Badlani, a director of Satnam Limited, lived in Kenya for over two and a half years without a valid visa, all while operating freely and flouting immigration and tax laws with apparent impunity.
At the core of the scheme is the Rajoriya–Badlani partnership:
Rajoriya manipulates import documents and duty declarations.
Badlani provides cover through a rotating network of shell companies.
Together, they run a vast network designed to syphon profits abroad while dumping the tax burden on ordinary Kenyans.
Every fraudulent consignment cleared under their scheme represents stolen public resources:
Money meant for hospitals was diverted into private pockets.
Money for schools, roads, and jobs is funding lavish lifestyles for fraudsters.
This is not business; it is economic sabotage.
Experts warn that cosmetic raids are no longer enough. To send a clear message, the KRA must:
Impose crippling tax penalties on Oki General Trading.
Prosecute Rajoriya, Badlani, and their accomplices for fraud, forgery, and economic sabotage.
Enforce asset seizures, blacklist their companies, and bar them from doing business in Kenya.
Kenya is not a playground for looters hiding behind corporate fronts. The era of tax evasion masterminds must end — and it must begin with Rajoriya, Badlani, and Oki General Trading being held fully accountable.
