Business – Black Is Not Less

DPP secures 14-year jail sentence for former Provincial Commissioner David Nathan in Ksh1.35 billion land fraud case

Adam Peterson1 day ago03 mins

The Director of Public Prosecutions (DPP) has today secured a 14-year prison sentence for former Nairobi Provincial Commissioner Davis Nathan Chelogoi over a fraudulent scheme involving a 7.39-hectare parcel of land in Lower Kabete, Nairobi, valued at Ksh1.35 billion. Milimani Chief Magistrate Dolphina Alego found Chelogoi guilty of six offences arising from attempts to fraudulently…

West Pokot County Assembly Speaker, eight others charged in Ksh. 260 million Sacco fraud case.

Adam Peterson5 days ago03 mins

The Speaker of the West Pokot County Assembly and eight others were charged today before a court in West Pokot over an alleged conspiracy to defraud Eco-Pillar Sacco Society Limited of KSh 260,008,100 between 2018 and 2025. The accused persons are Fredrick Kaptui Plimo, Speaker of the West Pokot County Assembly, Linus Lokira, Paul Lokitari…

Top Politician arrested over phone theft racket in Nairobi

Adam Peterson2 weeks ago02 mins

A trail of alleged mobile phone thefts in Nairobi’s Central Business District has finally caught up with a sitting Member of the County Assembly (MCA), following his arrest by detectives from Kamukunji Police Station. Acting on actionable intelligence, the detectives swooped on the suspect in Mfangano Street, closing in on a man wanted in connection…

Sh 100 million land fraud and an elusive woman working with a web of fraudsters

Adam Peterson2 weeks ago04 mins

A middle-aged woman has been charged before a Mombasa court with allegedly orchestrating a land fraud involving property valued at Ksh100 million. Farzana Nur Butt was arraigned before Senior Resident Magistrate Hon. Gladys Olimo to plead to three counts related to the fraudulent acquisition of land belonging to Susan Wanjiru Kangethe. In the first count,…

How Senior County official amassed Sh 290M through Procurement Tenders

Adam Peterson2 weeks ago06 mins

Between January 1, 2013, and October 31, 2018, Andrew Biketi Musuya rapidly amassed assets valued at KSh 289,932,910. According to EACC, Musuya, a former public accountant who worked for the Ministry of Public Health and Sanitation and later served as a senior accountant for the Trans Nzoia County Government, was earning a monthly salary of…

Guards at QuickMart supermarket Speak Out over Unclear Employment Terms, Forced Deductions and Poor Working Conditions

Adam Peterson2 weeks ago2 weeks ago03 mins

With each passing day, the walls of silence surrounding the mistreatment of workers at QuickMart seem to close in tighter, leaving them trapped in a cycle of exploitation and suffocating any hope for change. From overworked drivers facing long hours and poor pay to unaddressed allegations of harassment and abuse within various departments, we have…

Quickmart’s IPO Highlights Millions in Founder Rents and Undisclosed Supplier Ties

Adam Peterson2 weeks ago06 mins

It seems that the founders of Quickmart are going to have their pound of flesh and much more in the ongoing Quickmart initial public offering (IPO). Disclosure documents and other corporate information show that companies associated with the founders will continue to reap benefits way beyond the IPO period that is set end on 30…

Revealed: How Quickmart IPO Disclosures Omitted Private-Label Supply Deal Linked to retailer’s founder sister

Adam Peterson3 weeks ago2 weeks ago07 mins

A LinkedIn profile, a corporate website, and the financial disclosures on the ongoing Quickmart Initial Public Offering (IPO) reveal an incestuous relationship between suppliers, board members, and owners of the fast-growing retail chain. After examining Quickmart’s IPO information memorandum, a LinkedIn profile and a corporate website, we have uncovered disclosures that have left unanswered questions….

The Cost of Playing God:How the Global Arms Game Finally Caught Up with Wicknell Chivayo

Adam Peterson4 weeks ago4 weeks ago06 mins

In the high-stakes underworld of transnational arms trafficking, there is a brutal, unspoken rule: you can be rich, you can be powerful, but you can never be loud. For years, Chivayo flew directly in the face of that rule, flaunting a lavish lifestyle funded by heavily inflated state contracts while operating as a key financial…

Revealed:Wicknell crash chopper never belonged to him

Adam Peterson4 weeks ago4 weeks ago02 mins

The helicopter that killed Wicknell Chivayo, his wife Lucy Muteke, her personal assistant and two pilots was hired from Themba Nkatazo, a local businessman’s Sky Helicopters which provides premium, on-demand charter and rental services in Zimbabwe. Newshawk reports from Harare quoting government officials. Nkatazo is widely recognised as the founder and chief executive of agricultural…

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