Investigations
Standard Chartered Bank Linked To Money Laundering On The Arror And Kamwarer Dams Saga
Standard Chartered Bank limited are the latest company to be linked with Arror and Kimwarer Dam scandal. The bank has been linked with holding over sh734.5 million suspected to be related to the scandal. The money has since been frozen by a Nairobi court.
The money which belongs to Stanlib Wealth Amanah Property Limited is under investigations by the DCI for money laundering. The owners of the company have not been arrested or charged in court.
According to court documents the account holders made application to the bank to transfer the sh734.5 Million to Azepco general trading company limited in Dubai a company that is suspected to be linked to the Dam scandalon 24th July.
It’s suspected that Azepco General trading company also received 5.8 Million Euros from an Italian firm CMC DI Ravenna suspected to be deeply involved in the Dam scam.
The bank becomes the latest to be linked with the multibillion-shilling Kimwarer and Arror dams’ scandalwhich the Treasury CS Henry Rotich and his PS Kamau Thugge and other 24 government officials have also been charged with over 24 charges among them abuse of office and conspiracy to defraud.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
A Farm in Kenya’s Rift Valley Ignites a National Reckoning With Israeli Investment
Director of Right Choice Tours and Safaris Charged with Scamming Clients Over $16,000
Serial Fraudster Willis Wasonga Arraigned After Sh28 Million Gold Scam Linked to Rogue Lawyer Michael Owano
Ruto Orders Creation Of New Nairobi Metropolitan Police Unit In 60 Days
Sakaja To Work Under Mudavadi In New Deal With Ruto For Nairobi County Functions
Flights Delayed For Up To 20 Hours as Kenya Airport Staff Strike For Second Day
Jesse Jackson, US Civil Rights Leader Dies at 84
MP Demands Vodacom Directors Answer Over Safaricom Share Rip-Off as Pressure Mounts To Sack CEO Peter Ndegwa
Probe Reveals How Adani Group Manipulates Shares Through Secret Investments via Family Associates
Ugandan Charged in Nairobi Over Sh223 Million Fake Gold Scam
Alleged Male Lover Claims His Life Is in Danger, Leaks Screenshots and Private Videos Linking SportPesa CEO Ronald Karauri
The General’s Fall: From Barracks To Bankruptcy As Illness Ravages Karangi’s Memory And Empire
Russian Man’s Secret Sex Recordings Ignite Fury as Questions Mount Over Consent and Easy Pick-Ups in Nairobi
Your Excellency! How Ida’s New Job Title From Ruto’s Envoy Job Is Likely to Impact Luo Politics Post Raila
Epstein Files: Bill Clinton and George Bush Accused Of Raping A Boy In A Yacht Of ‘Ritualistic Sacrifice’
Epstein Files: Sultan bin Sulayem Bragged on His Closeness to President Uhuru Then His Firm DP World Controversially Won Port Construction in Kenya, Tanzania
AUDIT EXPOSES INEQUALITY IN STAREHE SCHOOLS: PARENTS BLED DRY AS FEES HIT Sh300,000 AGAINST Sh67,244 CAP
Cooking Fuel Firm Koko Collapses After Govt Blocks Sh23bn Carbon Deal
ABSA BANK IN CRISIS: How Internal Rot and Client Betrayals Have Exposed Kenya’s Banking Giant
Puzzle Of Mysterious 15 Deaths of Street Children in Nairobi Under A Month and Mass Burials
-
Grapevine1 week agoAlleged Male Lover Claims His Life Is in Danger, Leaks Screenshots and Private Videos Linking SportPesa CEO Ronald Karauri
-
Lifestyle1 week agoThe General’s Fall: From Barracks To Bankruptcy As Illness Ravages Karangi’s Memory And Empire
-
Grapevine3 days agoRussian Man’s Secret Sex Recordings Ignite Fury as Questions Mount Over Consent and Easy Pick-Ups in Nairobi
-
Investigations2 weeks agoEpstein Files: Sultan bin Sulayem Bragged on His Closeness to President Uhuru Then His Firm DP World Controversially Won Port Construction in Kenya, Tanzania
-
Business2 weeks agoKRA Can Now Tax Unexplained Bank Deposits
-
Investigations1 week agoEpstein’s Girlfriend Ghislaine Maxwell Frequently Visited Kenya As Files Reveal Local Secret Links With The Underage Sex Trafficking Ring
-
News1 week agoState Agency Exposes Five Top Names Linked To Poor Building Approvals In Nairobi, Recommends Dismissal After City Hall Probe
-
Business1 week agoM-Gas Pursues Carbon Credit Billions as Koko Networks Wreckage Exposes Market’s Dark Underbelly