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London court jails fraudster Ketan Somaia for 8 years

Kenya-born businessman Ketan Somaia has been jailed by a UK court for conning a wealthy investor of Sh2 billion. Photo/CENTRAL NEWS

There will be no more champagne breakfasts for Ketan Somaia who rose to wealth as a politically connected front-man in Kenya but is now a convict, locked in a jail in the United Kingdom.

The Kenya-born businessman, who styled himself a banking billionaire to get soft loans from friends and associates, has been jailed for eight years by a London court that found him guilty of fraud.

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