Court Declares KES 400M to Be Unfrozen to Rwandese National:Desire Muhinyuza

The high court has declared a Rwandese national Desire Muhinyuza as the beneficial owner of Stay Online Limited.
On the judgement delivered today, justice Alfred Mabeya referred Kirimi Koome as a fraudster and declared Muhinyuza the right beneficial owner of the company.
The Rwandese filed a suit  before court after claiming to be defrauded USD 100,000 by a Kenyan businessman Kirimi Koome in what he told the court the funds was meant for the tax facilitation and registering of the said company in Kenya.
He sought permanent injunction to restrain Kirimi from conducting any transaction on the company’s bank accounts domiciled at United Bank of Africa.
He further sought orders to restrain him from being the signatory of the said accounts and refunding of USD 100,000 unlawfully obtained  and also the damages encountered after the breach of contract including the cost of the suit.

In his testimony earlier before the same judge, Muhinyuza told the court that he only used Kirimi in registering of the company on his behalf before updating his immigration status,
“Your honor I could not register the company personally since I had no legal immigration documents and before legalizing my stay I had to use Kirimi as a Kenyan representative to lead in registering the company,” he said.
Muhinyuza further told the court that he was introduced to Kirimi by Kenyan Equity bank manager branch located in Rwanda who praised him as a very genuine person with network in business and decided make him a business partner.
Addressing the media at Milimani law court, lawyer Danstan Omari who represented Muhinyuza said that his client funded everything to start up the company in Kenya since Kirimi was just a representative where strategies and funding came up with his client,
“Kirimi was funded financially and all the requirements needed to set up the company and the only document he owned was only his identity card,” said Omari.
Muhinyuza transferred the money from Rwanda Stay Online Limited to Kenyan account where Kirimi was to control the funds on registering the company and pay  Kenya Revenue Authority requirements but transferred the funds to his personal account.
Muhinyuza rushed to the high court for the accounts to be frozen until the matter is determined claiming the funds belongs to the merchants and he has a total shares of 0.3%.
According to the judgement delivered today the court noted that
“Muhinyuza is the beneficial owner of the company since Kirimi committed a fraud by not filing the form for beneficial ownership of the property at the time of incooperation of the company,” read part of the document.
The court also noted that the pocketing of USD 100,000 was without no basis since no tax was paid out from the money as meant for.
Kirimi had a criminal case in the same court where he was charged with frauding Muhinyuza Sh 400 million and forging of documents.
The suit was filed by the Rwandese claiming to be defrauded by Kirimi Koome a total of Sh 400 million property of the company (Stay Online Limited)
Muhinyuza who owns Stay Online Limited which has expanded it’s branches from Rwanda, Tanzania, Uganda and Canada intended to extend the company to Kenya where according to his legal team says it will create job opportunities for 5000 Kenyans.