ESQ Legal Practice Magazine JUNE 2014 EDITION | Page 37

$19.5M FRAUD:
AT LAST, UK COURT
CONVICTS KETAN
SOMAIA

Dr. Gbenga Oduntan
Senior Lecturer, Kent Law School, UK

T

he man at the centre
of the Goldenberg
scandal in Kenya
during the 1990s has
been found guilty of
fraud at a trial at the Old
Bailey in London.
Ketan Somaia, who is now
based in London, presided
over the collapse of the
Delphis bank an