The Directorate of Criminal Investigations (DCI) has arraigned a Nairobi-based real estate company director after allegedly scamming a client Ksh 6.4 Million.
According to the detectives, the Director of Vaad Limited, Abdiwahab Adan Maalim’s, legal troubles began when a complaint was filed at the DCI Headquarters on December 30, 2024.
The report detailed how Maalim solicited Ksh 6.4 million from the complainant, claiming he would construct a house as part of Oakside Phase 2 project in Syokimau area of Mavoko Municipality.
The detectives note that investigators from the Economic and Commercial Crimes Unit launched a thorough investigation and uncovered that Maalim had entered into a contractual agreement with the complainant for the construction of a house.
Dated September 22, 2022, the agreement stipulated a total project cost of Ksh. 13 Million, which included a Ksh 3 million upfront deposit and subsequent periodic payments, all expected to be completed within 24 months.
However, as it turned out, seven months after the deposit was made, the complainant had disbursed a total of Ksh 6.4 million, but Maalim and his company were yet to commence any construction work.
“Upon visiting the designated site, detectives confirmed that over a year had passed since the agreed completion date, and neither the foundation nor any construction had begun,” the detectives reported.
Appearing before the Chief Magistrate’s Court at the Milimani Law Courts, Maalim pleaded not guilty to the charges against him. He was subsequently released on a bond of Ksh1 million and a cash bail of Ksh 100,000.
The Directorate of Criminal Investigations further highlights that it has received multiple complaints against Maalim and Vaad Limited, all currently under investigation.
DCI is now urging anyone who may have fallen victim to Maalim’s fraudulent schemes to come forward and file their reports at the DCI Headquarters.
The case is set for mention on May 12, 2025.
