The agency told the court that investigations conducted revealed a complex fraud and money laundering schemes conducted by Mose and Company, its directors and associates rendering the above funds proceeds of crime liable for preservation and forfeiture.
The High Court has given the greenlight for recovery of over Sh18 million from two private jet leasing firms, linked to businessman Chris Obure. The Assets Recovery Agency will recover the monies from Cullinan Private Jets Corp and Glo Jet International Limited, following suspicions of their involvement in a complex international money laundering syndicate. In […]
Mary Wambui Mungai’s name could easily pass unnoticed but in the corridors of power and business world, it is a name to reckon with due to the influence she wields. Her company Puma Holdings Limited is involved in multibillion tender supplies with Kenya government and also in East and Central Africa. Her other firm is […]
It’s feeling darker for the Belgian National Marc Freddy H De Mesel a supposed cryptocurrency guru who for the past months has been on the spotlight for alleged money laundering. He’s now been profiled By Kenyan security agencies as a money launderer. In reported instances, De Mesel has relentlessly been trying bring his funds to […]
One thing about investigative bodies in Kenya is sometimes talking a lot for the purpose of scoring public trust, promising to crush the criminals in the society and do too little in action. EACC is such a body that has become synonymous with blowing hot air. Recently, the anti-graft authority vowed to with other investigative […]
The High Court has frozen more than 30 properties and over Sh93 million belonging to five woman and a company, which a state agency suspects are proceeds of crime. The money in three accounts belong to Esther Wagio Njunge, Kenya Rural Roads Authority (KeRRA) Procurement Manager Margaret Wanja Muthui and Light House Trading Company Ltd […]
