A Kenyan Businessman appointed by a Rwandan investor to register an online business in the country has admitted at the High court that he received a total of Sh 18 million for tax and operation cost but converted it for personal use.
Kirimi Koome who claimed to be the sole proprietor of Stay Online company, a firm at the center of ownership dispute told justice Alfred Mabeya that he received the money wired from a Rwandan bank under instruction from a foreign Investor Desire Muhinyuza.
Koome admitted receiving the money during cross-examination by defence Danstan Omari on the second day of his testimony over the ownership, control and management of stay online Kenya Limited.
” I confirm that l received a total of USD 129,000 from Rwanda for operational cost and tax,” Koome told the judge.
The Kenyan trader also told justice Mabeya that he is the sole proprietor of stay online limited
He presented a certificate of registration from the Registrar of Companies to prove ownership. Koome says the company was incorporated on April 14,2023 after presenting an application at the company registry.
Koome said his company does Online business and deals with various international merchants among them Visa card and Master card.
While questioned on how he pays out the commissions earned from selling Merchandise online, Koome said” it is a trade secret l can not disclose in court.”
Koome was testifying in a case which has been sued by Desire over allegedly defrauding him and his company.
Desire says that Koome was appointed to registrar the company while he regularized his immigration status.
