Track It MD’s wife, mother arrested over Sh21m loan

 By Standard Team

The wife and mother of defunct Track It MD Shehzad Tejani were Thursday arrested in Nairobi over alleged fraud.

Officers from Banking Fraud Investigations Unit (BFIU) picked up the two for questioning from their Westlands home.

BFIU officers involved in the case said they had a complaint against them from the ABC Bank regarding Sh21 million loan they had taken years ago.

Head of BFIU Mohamed Amin said records indicated the two were directors of Track It before it went under and that was why they were arrested.

Mr Amin said they would appear in court today to face fraud related charges.