Kenyan industrialist Vimal Shah, scorched by forex fraud, fights to recover hundreds of millions of shillings

Author: businessdailyafrica.comPublished on: September 20, 2026Country: Kenya
Business & Economy
Kenyan industrialist Vimal Shah, scorched by forex fraud, fights to recover hundreds of millions of shillings

Vimal Shah, the CEO of Bidco Africa, recently testified in a Nairobi court about a foreign currency transaction that cost him over Sh102 million. This case stems from a longstanding business relationship with another businessman. Shah, known for his role in the oils and detergents industry, is now fighting to recover his financial losses.

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