Warrant of arrest for father, son accused of defrauding families
By Dihoff Mukoto and Joackim Bwana | October 30th 2021
New Mombasa Chief Magistrate Martha Mutuku has issued a warrant of arrest for three suspects accused of defrauding four families of shares worth millions of shillings.
Shivjibhai Java Varsani, his son Peresh Shivji Parbat Varsani and Victor Were Arara are said to have defrauded the families of Kanibhai Karsani Varsani, Kurji Kanji Karsan, Jadvabhai Parbat, and Mistry Java Parbat.
Court documents indicate that the three forged documents and signatures and transferred shares belonging to the four families.
The shares were being held at Academy Properties Ltd, Windsor Investment, and Ghanshyam Builders Ltd.
The three are charged with several offences of making a document without authority, forgery, altering documents, and meddling in properties of the dead.
The court was told that the suspects committed the offences with the intent to defraud the four families of shares held in different companies between April 2002 and January 2006.
The suspects denied the charges when they appeared before Mombasa Senior Resident Magistrate Martin Ribera.
The State has also accused the three suspects of defrauding the family of the late Premji Jina Manji Pindolia shares worth millions of shillings held at Ghanshyam Builders Ltd.
The theft of the shares from the companies was discovered by Pindolia’s son, Shivji Premji, who is also the administrator of the estate.
The suspects are also facing similar accusations before a different court, where they are accused of defrauding the families of the late Lalji Kanji Varsani, Kunverji Kanji Patel, and Java Parbat Varshani shares worth millions of shillings.
Released on bond
The court has been told that the accused persons jointly with others made a transfer of share documents purporting to transfer shares of the three deceased persons.
The share documents were at the time held in Mistry Java Parbat (Management) Ltd to Java Parbat Varsani and Paresh Shivji Java Varsani.
They are also accused of forgery of transfer of shares instruments purporting to transfer shares of the three deceased partners to Java Parbat Varsani and Paresh Shivji Java Varsani.
They were released on a Sh200,000 bond each with surety of similar amount.
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