MozzartBet fights Sh300m seizure in M-Pesa dirty cash

Companies MozzartBet fights Sh300m seizure in M-Pesa dirty cash Tuesday May 03 2022 Mozzartbet Kenya manager Mr Sasa Krneta at a past event at Golden Tulip Hotel in Nairobi. FILE PHOTO | NMG By SAM KIPLAGATMore by this Author Summary The company says it had paid Sh256 million, which was part of the money seized … Read more

How politician and Nigerians wired Sh25bn in days

Economy How politician and Nigerians wired Sh25bn in days Tuesday April 26 2022 By ADONIJAH NDEGEMore by this Author Summary The cash movement over the two months involved over 10 companies owned by the same individuals and registered under near-identical names in Kenya, Dubai, US, Nigeria, Ghana and Hong Kong. A Kenyan politician and the … Read more

Powerful politician, two Nigerians linked to frozen Sh5.6bn

Economy Powerful politician, two Nigerians linked to frozen Sh5.6bn Wednesday April 06 2022 Frozen money concept. FILE PHOTO | NMG By ADONIJAH NDEGEMore by this Author Summary The billions in the accounts in Equity Bank and UBA Bank were frozen by the High Court after the Assets Recovery Agency (ARA) applied to block the transfer … Read more

ARA wants Sh289m, Mercedes Benz seized from Congolese forfeited to State

Economy ARA wants Sh289m, Mercedes Benz seized from Congolese forfeited to State Monday March 07 2022 By Edna MwendaMore by this Author Summary A State agency now wants Sh289 million in three bank accounts a Mercedes Benz seized from Congolese and his Belgian associate surrendered to the government. Assets Recovery Agency (ARA) says in the … Read more

Court allows State to seize Sh44m from Mandera county businessman

Counties Court allows State to seize Sh44m from Mandera county businessman Wednesday March 02 2022 By SAM KIPLAGATMore by this Author Summary The state has been allowed to seize Sh43.5 million from a businessman suspected of having been stolen from the Mandera County government through fictitious contracts. High Court judge Esther Maina said Ali Abdi … Read more