In today’s court news, the Office of the Director of Public Prosecutions (ODPP) has informed the court that they ready to commence the trial of Michael Gitonga, a manager at Trade Sense Limited.
Gitonga is facing charges related to the alleged mishandling of Ksh 212,160,458 intended for online foreign exchange trading, in violation of the Capital Markets Act, Cap 485.
He is further accused of abusing his role as a licensed money manager at Trade Sense Limited by diverting the funds for personal use.
Gitonga has denied all charges and is currently out on cash bail amounting to Ksh 5 million.
During the court session, Advocate Teddy Kegode, who is representing the complainants, raised concerns over difficulties in accessing key evidence held by the investigating officer. He told the court that multiple efforts to obtain the material evidence had been unsuccessful, alleging deliberate obstruction.
Kegode urged the court to intervene and compel the investigating officer to release the necessary documents to the complainants. He cited established Jurisprudence affirming the rights of advocates watching brief to access such materials.
The hearing is scheduled to take place on July 14, 2025.
