Lanex forex boss on fresh fraud charges
Dec 21, 2005
THE former Lanex Forex Bureau manager on Monday appeared in court on fresh charges of embezzling sh123.9m from the bureau.
By Edward Anyoli
THE former Lanex Forex Bureau manager on Monday appeared in court on fresh charges of embezzling sh123.9m from the bureau.
Rooplesh Dhirajlal Solanki, 31, was charged in Buganda Road Court and remanded at Luzira Prison until January 19. Dhirajlal denied the charges, which included two alternative counts of forgery and uttering fake bank documents, which caused the financial loss.
Dhirajlal reportedly obtained US$27,734 from Stephen Tibingwa in a series of fraudulent transfers of money from Orient bank to his private account.
The Chief Magistrate, Margaret Tibulya, read the charges that between September 12 and October 2005, at Lanex F+orex Bureau in Kampala, Dhirajlal obtained US$27,734 by falsely pretending that he had deposited the money on Tibingwa’s account.
Tibulya said Dhirajlal was aware that his action would cause financial loss to the forex bureau.
He allegedly obtained US$40,000 from Xy Ying by pretending that he had banked the money in StanHope Finance Company and all records of the transaction maintained in bank.
Prosecution led by Jane Musementa said Dhirajlal obtained another sh35.2m from Wen Bin by pretending that he had banked the money on his account.
Musementa said Dhirajlal embezzled close to sh2b before the fraud was detected by the bureau. He was first charged in November at the same court in Kampala.
THE former Lanex Forex Bureau manager on Monday appeared in court on fresh charges of embezzling sh123.9m from the bureau.
Rooplesh Dhirajlal Solanki, 31, was charged in Buganda Road Court and remanded at Luzira Prison until January 19. Dhirajlal denied the charges, which included two alternative counts of forgery and uttering fake bank documents, which caused the financial loss.
Dhirajlal reportedly obtained US$27,734 from Stephen Tibingwa in a series of fraudulent transfers of money from Orient bank to his private account.
The Chief Magistrate, Margaret Tibulya, read the charges that between September 12 and October 2005, at Lanex F+orex Bureau in Kampala, Dhirajlal obtained US$27,734 by falsely pretending that he had deposited the money on Tibingwa’s account.
Tibulya said Dhirajlal was aware that his action would cause financial loss to the forex bureau.
He allegedly obtained US$40,000 from Xy Ying by pretending that he had banked the money in StanHope Finance Company and all records of the transaction maintained in bank.
Prosecution led by Jane Musementa said Dhirajlal obtained another sh35.2m from Wen Bin by pretending that he had banked the money on his account.
Musementa said Dhirajlal embezzled close to sh2b before the fraud was detected by the bureau. He was first charged in November at the same court in Kampala.