Tuesday, November 19, 2024
spot_img
HomeBUSINESSFor forgery allegations... ...

For forgery allegations… Businessman imprisoned for embezzling nearly $3m USD

On Monday 22nd of July 2024, businessman Tarine Fairman, 59, was brought to court on a bench warrant and sent to prison over embezzlement and forgery allegations on a local company. 

Fairman who is based in the United States of America is alleged to have forged certain document that is to say, a DDF F-TCH Africa Sierra Leone Limited company status report dated 24th January 2020 and increased his percentage share to fifty percent (50%) instead of five percent 5% that is indicated on the Memorandum and Articles of DDE D-TECH Africa Sierra Leone Limited.

Additionally, on the same date and place the accused fraudulent converted to his own use or benefit the total sum of two million nine hundred and twenty four thousand seven hundred and thirty thousand united states dollars ($2,924,730) meant for mining operations in Kono District.

Fairman is facing three counts charges of conspiracy to defraud, forgery and fraudulent conversion.

However, he did not take a plea because he is arraigned on a preliminary investigation. 

After the charges were read and explained to him, is lawyer, Roland Wright Esq tried in a vain to secure Fairman release on bail, despite a bail plea. 

The Prosecutor Chief Superintendent of Police Juan M.S Bull, Assistant Superintendent of Police Ibrahim Sheik Mansaray and the Associating Counsel Jessie M Jengo requested an adjournment to have a conference with their witnesses.

Magistrate Kekura remanded the accused at the Male Correctional Facility in Freetown and he adjourned the matter to the matter to the 26th July 2024.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular