How a New Zealander who fled Moscow’s oligarchs in an ambulance brought the same playbook to Kenya looting local investors, evading billions in tax, and using an offshore legal labyrinth to strip a national asset of its Kenyan soul
Last year, he publicly accused local governor Kimani Wamatangi of demanding 54 acres (22 hectares) of Tatu City, worth $33 million, free of charge.
Investigations by law enforcement agencies and bitter parting of ways with a former CEO have all triggered court cases. In other instances, Tatu-City affiliated companies are allegedly incorporated offshore to shield them from taxes. On May 16 directors of Green Seal Properties Ltd and Zefus Properties Ltd recorded statements with the Directorate of Criminal Investigations (DCI), […]
Directors and top officials of high end and mixed use real estate firm Tatu City and its main subsidiary Kofinaf are under investigation by the Ethics and Anti-Corruption Commission (EACC) over claims of money laundering and defrauding taxpayers of billions of shillings. At the heart of the investigations are multi-billion transactions relating to the sale […]
Former Kiambu Governor William Kabogo is entangled in a Sh4.5 billion bribery court row with investors behind the Tatu City real estate project. The investors have accused Mr Kabogo of illegally holding onto five title deeds as part of a ploy to blackmail them into ceding a five percent stake in a section of the […]
