The Excessive Court has frozen properties belonging to the director of Goldenscape Greenhouse Restricted Peter Wangai Muriithi, pending the decision of a case filed by a Pronounce company.
Justice James Wakiaga ordered a caveat to be placed towards 15 parcels scattered in Laikipia and Kajiado counties, six vehicles and five bikes belonging to Mr Muriithi and his firms.
He was charged earlier than a Nairobi court in March with acquiring hundreds and hundreds from Kenyans by promising them edifying returns for investing in greenhouses.
Mr Muriithi denied a complete of 21 counts for allegedly luring Kenyans to invest in greenhouses that had been to be space up in Ol Kalou and Nyahururu in Nyandarua County.
“An portray be and is hereby issued directing the respective Land registrars to register a caveat towards the titles of each and each of the land parcels specified,” Justice Wakiaga directed.
The think also ordered the Director-Traditional National Transport & Safety Authority to register a caveat towards the motor vehicles and the bikes.
Belongings Recovery Company (ARA) moved to court asserting investigations established that Mr Muriithi, by his firms was fascinated with a blueprint of cash laundering, the consume of funds received from the final public, which were later transferred to his monetary institution accounts, firms or change entities, he owns.
The court heard that Mr Muriithi later broken-down the illegally got funds to win properties in the many names, among them the firms he owns.
“There’s imminent possibility the Respondents shall dispose, switch and dissipate the stated properties as there are no court orders for the time being maintaining the sources in topic,” the company’s Senior impart counsel Joyce Ngelechei stated.