An audit report has revealed that Oki General Trading Limited lost more than Sh356 million through alleged misappropriation by its former director, a Nairobi court has heard.
Appearing before Milimani Principal Magistrate Dolphina Alego, company director Deepak Rajoria said the firm engaged auditors after he took office in January 2025, and the investigations showed that funds and company products had gone missing between January 2020 and June 2024.
Rajoria, who previously worked with the company’s parent office in Dubai, told the court he noticed irregularities soon after assuming his role in Kenya.
“I was an employee of the mother company in Dubai, and when I came to Kenya in January this year, I was appointed as a director. That is when I realized funds and important documents were missing,” he testified.
The court heard that Honey Khatwani, the former director, resigned in July 2024 through a share transfer and swore an affidavit confirming his resignation. However, investigators allege that before his exit, Khatwani diverted company funds into his own ventures, including Galaxy Middle East Figure Limited, which was registered in September 2022.
He is further accused of depositing client cheques into his personal and his wife’s M-Pesa accounts and of issuing false invoices that understated payments made to the company.
Khatwani, an Indian national living in Kenya, had earlier been charged with stealing Sh356,711,174.40 from Oki General Trading Limited in Baba Dogo, Ruaraka constituency, where the funds came into his possession by virtue of his employment.
The matter will continue on September 24 and 25 and again on October 23 and 27, 2025.
