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
The Oil Company That Bankrolled a Private Hospital: How Bernard Amuor Makeny Allegedly Turned Nilepet Into His Personal ATM
Death Deferred: How Kenya’s Government Is Bending Aviation Law to Shield the Rogue Developers Strangling Wilson Airport
Hit South African Show Gets The World Talking About Polygamy and Cheating
South Sudan: Fifteen Years of Independence, US$70 Billion in Oil Wealth and GDP Per Capita Cut by Two-Thirds
COFEK Escalates Bid to Oust Gambling Boss Karimi as Fresh Court Battle Puts GRA Leadership Under Siege
Desperate Family Pleads For Ruto’s Help After Safaricom Defies Court Order in Son’s Murder, Exposing Deeper Data Privacy Crisis
Nyali MP Moha Jicho Pevu Caught Up In Alleged Sh44 Million KPA Debt Scam
Somalia Deputy PM Held at JKIA, Deported Over Questionable Acquisition of Kenyan Passport
The White-Coat Heist: How MP Shah Hospital Ran a Decade-Long Double-Extraction Racket While Hiding Behind Charity Status
The Patriarch, His Children, and a Buried Sh3.9 Billion Fraud: The Story of Titus Muya That Kenya Was Never Meant to Read
Businessman Philip Waithaka Kinuthia’s Minor Son Allegedly Drove Drunk, Killed Two Peponi Students in Ngong Road Horror Crash as Claims of Cover-Up Intensify
Inside NCBA’s Decline: How a Banking Giant Lost Its Strategic Edge
South Sudan: Adut Salva Kiir’s Shadow Treasury Exposed
Cement, Cash and Courts: How the Hashu Dynasty Crushed the Ramji Brothers for Fourteen Years and Why the Walls Are Now Closing In
Standard Chartered Ghosts Haunt Joshua Oigara At Stanbic As Whistleblower Spills Beans
Inside The Urban Planning Cartel That Owns Nairobi
THE VULTURE AND THE SCHEME How Nairobi West Hospital Became the Most Dangerous Institution in Kenya’s SHA Ecosystem and Why the Books Must Be Audited Now
The Patriarch, His Children, and a Buried Sh3.9 Billion Fraud: The Story of Titus Muya That Kenya Was Never Meant to Read
The President’s Daughter and The Missing Witness: How Adut Salva Kiir’s Shadow Treasury Silenced Its Most Dangerous Critic
How Adil Popat Saved His Empire On The Eve Of Imperial Bank Collapse and Why Kenya’s Mainstream Media Buried The Story
-
News2 weeks agoBusinessman Philip Waithaka Kinuthia’s Minor Son Allegedly Drove Drunk, Killed Two Peponi Students in Ngong Road Horror Crash as Claims of Cover-Up Intensify
-
Investigations1 week agoTHE VULTURE AND THE SCHEME How Nairobi West Hospital Became the Most Dangerous Institution in Kenya’s SHA Ecosystem and Why the Books Must Be Audited Now
-
Business1 day agoThe Patriarch, His Children, and a Buried Sh3.9 Billion Fraud: The Story of Titus Muya That Kenya Was Never Meant to Read
-
Business5 days agoBURRIED TWICE: The Victoria Bank CEO Yogesh Pattni Files
-
Business1 week agoInside the Billion-Shilling Betrayal: How Senior Treasury Officials Plundered a UN Poverty Fund and Built a Real Estate Empire on the Backs of Kenya’s Rural Poor
-
Business2 weeks agoThe Listing That Doesn’t Lie: What the Market Isn’t Saying About Family Bank’s NSE Debut
-
Business1 week agoThe Banker Who Walked Away: How Yogesh Pattni Survived a Financial Crime Scandal That Shook Kenya
-
News1 week agoMy Life Is In Danger: Investor Drops Bombshell Expose On Thomas Ogutu CEO VeGrid Ltd And Fugitive Nairobi CEC Charles Kerich – DCI Inaction And Corruption Network Exposed