The Chief Executive Officer (CEO) of a Kenyan start-up airline, Baracuda Airways, John Majiwa, has been arrested on allegations of fraud, reports Kenyan newspaper, The Star.
John Majiwa and three of his staff, were on Monday arraigned before a magistrate court for scamming more than forty investors out of ($1.9 million) and defrauding job seekers.
According to the Kenyan Flying Squad, which deals with serious crimes, Majiwa used the names of prominent Kenyans to scam investors, claiming that Deputy President William Ruto and Ngina Kenyatta, the former first lady, were shareholders.
Other victims of the fraud included job-seeking pilots and cabin crew, who were told to pay up front for training, to be reimbursed once Prince Rahim of Saudi Arabia invested in the 'airline'.
Baracuda Airways was granted air service license by the Kenya Civil Aviation Authority in January 2017 to operate chatter air services from Kenya to Africa, the Middle East and Europe, from April 2017.
It also secured permission to fly scheduled services from Nairobi Wilson to Mombasa, Kisumu, Eldoret, Lamu, Malindi, Ukunda, Kisii, Migori, Homa Bay, Masai Mara, Wajir, Mandera and Lodwar.