Two politicians who were among the ten suspects arrested over an alleged Ksh67 million fake gold scam were on Tuesday, February 7, freed on Ksh100,000 cash bail each.

Nairobi court ordered eight of the suspects to report to the Directorate of Criminal Investigations (DCI) every Friday until the investigations were concluded.

Additionally, the two suspects of foreign nationality who were arrested alongside the eight were ordered to present to the court two contact persons in Kenya.

Undated photo of police officers outside the DCI headquarters along Kiambu Road  FILE

The ten were accused by the Directorate of Criminal Investigations (DCI), of defrauding an American citizen of Ksh67 million through a fake gold scam.

“All the passports of the suspects are to be deposited in court and the sixth and the seventh suspects have to, in addition, secure two Kenyan contact persons,” Magistrate Robinson Ondieki stated in his ruling.  

In addition to the gold scam accusations, DCI stated on Monday, February 6, that the two politicians were arrested for being in possession of assault weapons including two guns and 470 rounds of ammunition.

“We conducted a thorough search in the suspect's offices and recovered materials that we believe were used to defraud unsuspecting investors.

"Detectives recovered two firearms and over 470 rounds of ammunition of 9mm and 5.56 mm calibre after arresting ten suspects,” read in part a statement by DCI.

DCI further revealed that one of the politicians was suspected to have used a rifle which was missing.

During the arrests in Kitusuru and Kilimani estates, DCI officers claimed that they were able to save an unsuspecting Indian national who was being defrauded of over Ksh25 million.

"Among the items recovered are three laptops, suspected mineral stones coated in gold and silver colors, a chequebook issued by a local bank, a briefcase containing metal analyser tools, cash counting machines, a rubber stamp inscribed Bukule Tereno Advocates Kinshasa, and assorted metal rods," the DCI said in a statement. 

According to the DCI, one of the politicians had vied on Orange Democratic Movement (ODM) ticket while his associate contested as an independent candidate after losing an ODM ticket.

Items recovered by DCI after a raid on fake gold deals on Saturday, February, 4, 2023 FACEBOOK  DCI