Borkena·3 min read·medium
Court Rejects Bail Revocation in Fintech Fraud Case, Issues Warning
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Borkena
✦AI Summary
A Federal High Court in Addis Ababa has denied a prosecutor's request to revoke the bail of several influencers accused of fintech fraud. The court issued a warning regarding public comments on active cases but ruled that the defendants' actions did not warrant imprisonment.
(Nairobi, Kenya) — The Federal High Court in Addis Ababa has rejected a prosecutor’s petition seeking to revoke the bail of prominent artists and social media influencers accused of involvement in a major “Fintech” investment fraud scheme, issuing them a stern judicial warning instead.
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