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Tag · Sony Sugar Company

Sony Sugar Company

3 articles
Sony Sugar Company · LEAD

Sony Sugar’s Shocking Procurement Scandal: Millions Lost in Insurance Tender Fiasco

In a disturbing revelation of mismanagement and potential corruption, Sony Sugar Company, already grappling with financial difficulties, has been embroiled in yet another procurement scandal. This time, the spotlight is on a tender for General Insurance, initially priced at KShs 41 million, which under the tenure of new Managing Director (MD) Martine Dima, was retendered […]

Investigations
Business

SonySugar’s New MD Under Fire for Alleged Mismanagement and Extravagant Spending

Nairobi, Kenya – December 27, 2024 SonySugar, the state-run sugar company that had been on a remarkable recovery trajectory, is now facing a significant downturn, with allegations of mismanagement leveled against its new Managing Director (MD), Martine Dima. The company, which saw its gross revenue jump from Sh400 million in 2019 to Sh5.132 billion in […]

Business
Investigations

How Fraudulent Lawyers Are Fleecing Poor Farmers In Trans Mara Sugar

In 2019, Kenya Insights blew up the cover of rogue lawyers who targeted poor farmers in Sony Sugar and made away with millions in a fake payment claim saga. Racketeers had been minting billions of shillings from millers in the sugar belt by filling cases using fake documents from unsuspecting farmers including those who died years ago. Investigations revealed […]

Investigations

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