The High Court has reduced the cash bail for businessman Khalif Kairo from Ksh 2 million to Ksh 500,000.
Kairo was arrested last week over allegations of obtaining money by false pretenses. According to police reports, he is accused of defrauding a client of Ksh 1.2 million in a failed luxury car deal involving his company, Kai and Karo.
The complainant claims they paid for a high-end vehicle that was never delivered, leading to legal action.
Kairo has denied the charges, calling them a “misunderstanding” and insisting that he is fully cooperating with the investigation. “I believe the truth will come out. My record speaks for itself,” he said in a previous statement.
So far, Kairo has raised approximately Ksh 50,000 in support from Kenyans, with his family and friends working to secure the reduced bond amount.
Despite the bail reduction, the businessman must comply with all bail terms as he awaits further court proceedings.
The case is scheduled for mention later this month.
