This is after Chief Magistrate Martha Mutuku cleared the four; Deepak Kamani, Rashmi Kamani, former Treasury PS Joseph Magari and former PS at the Office of the President Dave Mwangi of the charges levelled against them.
Delivering the verdict on Friday, the Magistrate ruled that the prosecution failed to prove a prima facie case against all the accused persons.
“They have all been acquitted under section 210 of the criminal procedure code. They have no case to answer. They have been set free,” said the Magistrate.
The prosecution had alleged that between October 30, 2003, and April 14, 2004, the accused persons conspired with others to engage in a scheme to defraud the government of Kenya of Ksh.3.5 billion through a suppliers credit contract agreement for the modernisation of the Police Security Equipment and Accessories Project.