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Billionnaire Franco Esposito and Elly Esposito when they appeared before Malindi Law Courts on July 6, 2026. [Omondi Onyango, Standard]
A Malindi-based Kenyan billionaire of Italian origin, Franco Esposito, was arraigned in court on Monday for setting on fire a Sh667 million property.
Mr Esposito, who is also known as Kasoso Wa Baya, and Elly Esposwere, was accused of burning Duma Villa Complex and neighbouring property.
They were charged that on May 25, 2026, at the Siro land area in Malindi sub-county, Kilifi County, they did not take precautions against probable danger by starting an open fire and failing to contain it, causing damage and destruction of property belonging to Nagia Dahman, owner of Duna Villa, valued at Sh667 million.
