Home KENYA NEWS Kenyan Tycoon Kidnapped in Ethiopia Over Sh25 Million Business Deal Gone Wrong

Kenyan Tycoon Kidnapped in Ethiopia Over Sh25 Million Business Deal Gone Wrong

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Kenyan Tycoon Kidnapped in Ethiopia Over Sh25 Million Business Deal Gone Wrong

The family of Kenyan tycoon Simon Waweru Njoroge is appealing for help from the government after he was allegedly kidnapped by his business partner in Ethiopia.

Njoroge, who is the proprietor of Windsor Motors Limited, was reportedly taken hostage by Ethiopian businessman Neto Godana after a business deal went awry.

Documents show that Neto and Njoroge, through a proxy named Ali Dida Abakula, entered into an agreement for the importation of 500 motorcycles for Sh45 million. 

Njoroge, a car dealer, agreed to import the motorbikes from China and deliver them to Neto, with the Ethiopian trader paying Sh25 million upfront through two forex bureaus in Nairobi. The money was paid in three tranches of Sh5.4 million, Sh5.6 million, and Sh14 million.

Three months after receiving the down payment, Njoroge was yet to fulfill the agreement.

Court documents indicate that Neto used Abakula to lure Njoroge to Shakiso, a region in Southern Ethiopia with an intention of exacting revenge.

On February 13th this year, Njoroge traveled to Ethiopia in the company of Abakula under the guise of a business trip.

Njoroge’s wife Molly Muthoni told police that upon arrival in Ethiopia, her husband called claiming that Neto had kidnapped him and was demanding back his Sh25 million for his release.

“On February 19, 2021, my husband called me at 6 am, saying his life was in danger as his host, Neto, had turned hostile towards him,” Muthoni says in her statement.

On April 19th, police arrested Abakula at his home in Isiolo on accusations of aiding the kidnapping of Njoroge.

Upon his arrest, he produced a document indicating that Neto and Njoroge had inked a deal for the purchase of 500 motorcycles from China at Sh45 million. 

The alleged agreement was signed before a Nairobi-based lawyer Myron Mukuna Eshuchi but police claim the document “does not bear the language of the advocates drawn by.”

Detectives are seeking to establish why Neto failed to file a complaint with police in Kenya or Kenya’s Embassy in Ethiopia.

Police searched Abakula’s home and recovered a Kenyan passport indicating that he traveled to Ethiopia on February 13th and returned four days later—the same planned travel dates on Njoroge’s diary.

Police also want to find out whether Abakula, who claims to have known Neto since 2019, was part of the abduction scheme.

Abakula was arraigned before Milimani Senior Resident Magistrate Jane Kamau on April 20th, where he denied charges of abduction and was released on Sh500,000 cash bail. The matter will be mentioned on May 4th, 2021.
 

15 COMMENTS

  1. Of course we don’t know the…
    Of course we don’t know the whole story, but isn’t this typical in Kenya. One inks a deal, gets paid and nothing is delivered. Sounds like this ‘gentleman’ met his match. Good luck!

  2. So to summarize, Njoroge…
    So to summarize, Njoroge stole Godana’s money. Unfortunately for Njoroge, Godana had probably seen how cases may take decades to resolve and how easily kenyan judges can be bought so he didn’t want to take a chance on dieing before seeing his money. So he stole something he thought both Muthoni and Njoroge valued, in this case Njoroge, and he now wants to do a
    win win win businesss deal where Muthoni gets Njoroge back, Njoroge keeps his life and Godana gets his money. Now the question is what Muthoni values most. A few more characters and plot twists and we have a soap opera.

  3. Scams galore. This is…
    Scams galore. This is interesting to watch if njoroge will pay 25m or not. Does muthoni think her husband is worth that much. Probably not, depending on age, future earnings etc. Neto must net his money back.

  4. Hehehe….DCI do not waste…
    Hehehe….DCI do not waste tax payers money on this thug. Kenya’s Bandit economy is not appreciated elsewhere.

  5. The stupid policeman thinks…
    The stupid policeman thinks Neto is a bongolala to report conman Njoroge to them-AH ah,sio mjinga hivo.How could he go to the thuggery police who would have demanded millions in REPORT FEE a.k,a,NYAMA YA WAZEE?Muthoni must pay shs 25m.if you want her husband back.La sivyo-RISASI TU.

  6. Kaukikuyu hakaishi…
    Kaukikuyu hakaishi….
    Hopefully, I’m reading this straight.
    Simon Waweru Njoroge stole money…
    Now, we are trying to figure how to rescue him….

    Molly Muthoni…two things…
    Pay up or let him die and get all…blame the kidnappers….
    Think about Wairimu and Cohen…this is your golden chance…Hopefully there are good straight women left…are you one of them?

  7. Gosh! The comments have a…
    Gosh! The comments have a better plot than the story. What will Muthoni do? Money or the …

  8. Zero blame on Neto the…
    Zero blame on Neto the Ethiopian. His hard earned money – 25M – is at stake here, slowly being stolen by Njoroge. He did the right thing & he should demand his money from this thief asap. Neto is smart enough to know the injustice he gona have to go through the fake Kenyan court system before he gets his money back if ever he will. This works – I have done something similar (not human abduction). Force, coercion, violence & threat to someone’s life is often the only weapon you have with the many people who want to rob you of your hard earned money. Before you enter a money deal with anybody always think hard what you could do to get your money back if he / she ever refused to pay back, including setting thugs on them, confiscating / stealing their more valuable assets etc else don’t enter into a deal. Most Kenyans have a thief mentality ……. May the Ethiopian win & may Njoroge learn a very painful lesson. The Kenyan court system is a joke

  9. Goodmatch, peana pesa ya…
    Goodmatch, peana pesa ya wenyewe and be released, Ethiopia is not Kenya where hide and seek is the game of the day in judiciary.
    I dont blame him takung him hostage as I know how long it will take him to get his money through court. Its easy, the guy is a live and well, didnt ask for interest but his money back. Muthoni send your husband the profit and let him back home safely.

  10. Why do Kenyan journalists…
    Why do Kenyan journalists address corrupt/conmen/thugs as Tycoons?Njoroge is a conman but who is not lucky this time as he will refund Neto’s shs 25m plus interest APENDE ASIPENDE.

  11. Bwana Neto, l will call him…
    Bwana Neto, l will call him Chapo was conned dry in Nairoberry by one wawesh a budding business man in the city now his slippery gachungwa and partner in crime together by with their fake lawyer think that the courts will help them get their starring back alive, I doubt the thief is still breathing back in zionland. Anyways good luck kenyan tycoons.

  12. So he’s a con? Good job by…
    So he’s a con? Good job by the Ethiopian. Get what’s your back!

  13. Njoroge is a conman held by…
    Njoroge is a conman held by a businessman (conman) from Ethiopia for the owed amount of 25 million Kenya shillings.

    What is the problem here? Njoroge just needs to pay the debt to gain his freedom! This kind of thing needs to happen to more often to conmen stealing from other folks! I don’t feel sorry for Njoroge and his family!

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