CEO Arrested After Walking Out of Court

Lesedi Developers Limited’s founder, Geoffrey Kiragu, faced immediate arrest on Tuesday upon exiting Thika Law Courts. Kiragu, accused of defrauding land buyers of Ksh5.4 million, had appeared before Chief Magistrate Stella Atambo to confront 12 counts of land fraud.

As soon as the court session concluded, law enforcement officers swiftly apprehended Kiragu, placing him in handcuffs.

He was then transported to Thika Police Station, where he is now confronting additional land fraud charges. The embattled CEO’s legal woes deepened with this latest arrest, as the legal system seeks to address the allegations of financial wrongdoing tied to land transactions.

Kiragu is currently facing 12 counts of conning Kenyans by selling them land without handing over the requisite documents.

Per the charge sheet produced in court, Kiragu is accused of using his position as CEO to defraud and obtain money from land buyers without the intention to actually hand over the land. 

However, the CEO, who is represented by counsel John Khaminwa,  has denied all the charges leveled against him in past court proceedings.

During one of the court sessions, Kiragu denied reports that he had conned Kenyans as widely reported in the press claiming he was experiencing a challenge completing a transaction, where another party was expected to hand over land to him.

Earlier in the year, Kiragu had met with clients in a bid to quell the anger directed towards him, explaining that the company was handling the matter.

“I never had any intention of conning Kenyans. I am the one who took your money to sell land to you,” Kiragu explained in January 2023.

“I failed due to the delay from the person I was purchasing from since he had incomplete paperwork that’s why we are yet to receive the title deeds. In 45 days I will have issued title deeds.”