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Keroche bosses freed on cash bail

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By RICHARD MUNGUTI
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Owners of alcohol brewing giant Keroche Industries Ltd were on Friday released on cash bail after denying 10 counts relating to tax fraud.

A Nairobi court ordered Keroche CEO Tabitha Karanja to pay Sh10 million cash bail and her husband Joseph, who is the chairman of the beer company, Sh5 million.

Milimani Chief Magistrate Francis Andayi ordered them to deposit Sh15 million in seven days failure to which directors apart from the chairman will be arrested.

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In his ruling, Mr Andayi granted Mr Karanja different bond terms because he is a senior citizen.

The case will be mentioned on September 2.





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