Court proceedings reveal new details of an alleged money laundering scheme involving Mozzartbet Kenya Limited and Kimaco Connections Limited, with investigators alleging the two companies collaborated to conceal the transfer of funds worth hundreds of millions of shillings.
According to evidence presented before the court, Mozzartbet allegedly channelled over Ksh 256 million to Kimaco Limited under the pretext of financing digital renovation projects. Investigators told the court that instead of using the funds for the stated purpose, Kimaco reportedly redirected the money back to Mozzartbet directors through suspicious financial transactions.
“That instead of investing in technology, Kimaco funnelled the money back to Mozzartbet directors — Brainimir Melentijeviv, Emmanuel Charumbira, and Musa Cherotich Sirma — through suspicious transactions,” the court heard.
Court filings also reveal that investigators believe the betting firm manipulated its marketing and advertising campaigns to mislead the public about potential winnings. The firm allegedly rewarded selected people with tokens and presented them as betting winners in promotional materials, creating a false impression of easy success on its platform.
Documents before the court show that the bank involved has declined to release the contested funds to Mozzartbet, maintaining that the money constitutes proceeds of crime.
In a separate matter, another petition involving Mozzartbet was mentioned in court, with the company accused of defrauding some of its business partners of shares worth millions of shillings. The petitioners allege that Mozzartbet’s senior executives used coercion and intimidation to deny shareholders their rightful benefits.
The court directed that the matter proceeds to a full hearing next month, noting that the issues presented by the petitioners are weighty and require detailed examination.
Those implicated in the petition include senior company officials and director Musa Cherotich Sirma.
The ongoing proceedings mark a new chapter in the legal battles surrounding the betting firm, which has come under renewed legal pressure over alleged irregular financial dealings and disputes with its partners.
