Nairobi tycoon Stephen Oduk released on Sh. 500,000 bail, after being in possession of fake 1m US dollars

Oduk is accused of being found in possession of 1,000,000 papers intended to resemble and pass as special papers such as provided and used in making currency of united states 100 dollar bill. | PRUDENCE WANZA

BY PRUDENCE WANZA – Nairobi tycoon Stephen Oduk has been released on Sh.500,000 cash bail over charges of being in possession of fake 1,000,000 US dollars.

Oduk is accused of being found in possession of 1,000,000 papers intended to resemble and pass as special papers such as provided and used in making the currency of the United States 100 dollar bill.

He faces a second count of preparation to commit a felony. He is accused of possessing the said papers, intended to resemble and pass as special papers such as provided and used in making currency of united states 100 dollar bill in circumstances indicated that he was intending to commit a felony of cheating.

Oduk is alleged to have committed the offense on September 25th,2019 at Plan 254 restaurant along Nyangumi road in Kilimani, Nairobi.

He denied the charges before Chief Magistrate Francis Andayi.

Through his lawyer Cliff Ombeta he urged the to release him on a lenient cash bail of Sh. 100,000.

However, the Magistrate released him on a bond of Sh. 1m or an alternative cash bail of Sh. 500,000.

The case has been set for a mention on 7th October 2019 and the hearing on 30th October 2019.