Government freezes properties belong to a fraudster Goldenscape Greenhouses CEO Peter Wangai

 

Goldenscape Greenhouses CEO Peter Wangai photo

Milimani Law Court orders freezing of assets belonging to Goldenscape Greenhouses CEO Peter Wangai and his companies.


This follows a multi-million case facing Wangai over alleged fraud, where investors lost millions to his firm, Goldescape Greenhouses.


Over 3,000 investors moved to court to sue owners of the company and its affiliates after they “defaulted on their contractual and moral responsibility to pay Sh18.6 billion to thousands of Kenyans who had invested in their numerous projects.”



“We demand speedy and severe action to be taken within 30 days, failure to which we are giving our lawyers instructions to commence private pursuit proceedings,” they said through their chairman John Opanda.



Goldenscape founder Peter Wangai was last year charged for obtaining money by pretences, conspiracy to defraud, false representation, and issuing bad cheques.

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