Written By:Glena Nyamwaya/Reuters, Posted: Thu, May 26, 2011
Runaway businessman Yagnesh Devani went into hiding in 2009 when the Triton saga exploded
Fugitive Yagnesh Devani who has been on the run over the 7.6 billion shillings Triton scam has been arrested in the United Kingdom.
46 year old Devani who is wanted in Kenya over the petroleum scandal that threatened fuel supplies to East Africa’s biggest economy was arrested in Britain on Thursday, police said.
A spokesman of the Metropolitan Police said officers from its extradition unit arrested Devani, on suspicion of conspiracy to defraud.
He has already appeared before a central London court and was remanded in custody.
Kenya issued an arrest warrant for Devani in January 2009.
Police accuse him of stealing 12.2 million dollars from the Kenya Commercial Bank and a further 195,000 US dollars worth of oil products entrusted to him by the institution.
Earlier this week, Attorney General Amos Wako indicated that Kenya had made several requests to Britain among them the UK government extradite Devani and controversial miracle babies Bishop Gilbert Deya.
“I am pleased to inform you that the court in the United Kingdom has issued a warrant of arrest for Devani but as far as Deya is concerned, there are still one or two things to be done before they issue the warrant,” Wako said.
The arrest of Devani could be seen as an exchange between Kenya and the UK which on Friday issued an international arrest alert against Nambale MP Chris Okemo and former KPLC Managing Director Samuel Gichuru for money laundering committed over 10 years.