Home WORLD Court to Rule on Bail for Businessman Accused of Stealing KSh356M

Court to Rule on Bail for Businessman Accused of Stealing KSh356M

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Court to decide on bail for businessman Honey Khatwani on June 24, 2025

A Nairobi court is expected to issue a key ruling on Tuesday, June 24, 2025, that will decide whether Honey Khatwani, a director at OKI General Trading Limited, will be released on full bail or bond terms as he battles serious theft allegations.

Khatwani is accused of embezzling over KSh356 million, an amount he allegedly accessed through his position at the company. The charge sheet places the figure at USD 2.78 million, allegedly stolen while serving as director.

Khatwani Pleads Not Guilty, Released on Initial Bail

Appearing before the court last week, Khatwani denied the charges. He was arrested on June 19 and later freed on a temporary KSh200,000 cash bail pending the court’s formal decision.

Prosecution Wants Tough Bail Conditions

While the prosecution said they were not against granting bail, they urged the court to set strict conditions, especially due to the huge financial implications of the case.

They requested that Khatwani surrender all travel documents, including his passport, to avoid the risk of him fleeing the country before trial.

Defence: He’s Not a Flight Risk

In reply, Khatwani’s lawyers told the court that their client is a resident of Kenya, lives here with his family, and runs businesses that employ over 50 people. They insisted that the seriousness of a charge alone is not enough to deny bail.

However, the prosecution countered that travel restrictions were necessary, arguing that Khatwani can leave Kenya freely unless tightly monitored.

Following a request from his legal team, Khatwani was taken to Avenue Hospital for treatment after he reportedly fell ill. He was later moved to Capital Hill Police Station, where he is currently being held.

The judge will make a final call on the bail request this Tuesday, a decision that could shape the direction of one of the country’s biggest corporate fraud cases.

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