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
PS Omollo Warns Kenyans Against Participating in Tanzania Protests, Threatens Full Force of the Law
Co-operative Bank Enters Digital Lending War With Bold ‘Kamilisha’ Overdraft to Challenge Fuliza
No Clear Hopes As Lecturers Strike Enters Week Seven
The Mess Of Former Lands Boss Gachanja As EACC Recovers Sh2.8 Billion Public Land Grabbed By JJ Kamotho
“I Contribute Sh4 Million Every Weekend”: Immigration Boss Evelyne Cheluget Exposed in Explosive Visa Cartel Scandal as Somali Community Delivers Damning Evidence to Authorities
EXPOSED: Jijenge Credit Limited’s VILE DRUGGING SCHEME! Boda Boda Riders BETRAYED, DRUGGED, and ROBBED of Dreams in SHOCKING Bike Theft Racket!
Oburu Gives Ruto Conditions For Rejoining ODM
Police in Tanzania Impose Nationwide Curfew Following Tense Election Day
EACC Raids Nyamira Governor Amos Nyaribo’s Home Over Alleged Links To Sh382 Million Tender Fraud
How INTERPOL and US Government Helped Kenya Navy Capture Iranian Drug Traffickers in Mombasa
VISA CARTEL EXPOSED: Community Leaders Demand Immediate Arrests as Immigration Boss Allegedly Boasts of Weekly Political Kickbacks
Plane Carrying Raila Odinga Becomes World’s Most Tracked Flight as Kenya Airways Honors Him With Special Call Sign ‘RAO001’
Safaricom’s Sh115 Trillion Data Breach Scandal: How Kenya’s Telecom Giant Sold Out 11.5 Million Customers
EXPOSED: The Visa Cartel Bleeding Kenyans Dry – How Immigration Boss Turned Government Office Into Personal Cash Cow
A Pattern Emerges: How Somali-Led Cartels Are Fueling Kenya’s Real Estate Boom With American Fraud Money
Former Nairobi CEC Newton Munene Found Dead as Sonko Alleges Cartel Involvement
DEATH TRAPS IN THE SKY: Inside the Sordid World of West Rift Aviation’s Deadly Corruption Cartel
Billionaire: Inside Raila Odinga’s Vast Wealth
I Used To Sleep Hungry, But Today I Employ The Same People Who Once Laughed At My Poverty
Lea Maize Flour Producer Admits to Adding Chemicals to Make Ugali ‘Balloon’ as Experts Issue Warnings
-
Investigations3 days agoVISA CARTEL EXPOSED: Community Leaders Demand Immediate Arrests as Immigration Boss Allegedly Boasts of Weekly Political Kickbacks
-
Business1 week agoSafaricom’s Sh115 Trillion Data Breach Scandal: How Kenya’s Telecom Giant Sold Out 11.5 Million Customers
-
Investigations3 days agoEXPOSED: The Visa Cartel Bleeding Kenyans Dry – How Immigration Boss Turned Government Office Into Personal Cash Cow
-
Investigations7 days agoDEATH TRAPS IN THE SKY: Inside the Sordid World of West Rift Aviation’s Deadly Corruption Cartel
-
Business2 weeks agoBillionaire: Inside Raila Odinga’s Vast Wealth
-
News2 weeks agoMaurice Ogeta, Raila’s Bodyguard: The Shadow Who Became The Story
-
Investigations12 hours ago“I Contribute Sh4 Million Every Weekend”: Immigration Boss Evelyne Cheluget Exposed in Explosive Visa Cartel Scandal as Somali Community Delivers Damning Evidence to Authorities
-
Business1 week agoWhy Kenyan Investors Should Pay Attention to the U.S. Stock Market (US30 Index)