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Anglo-leasing has become the gift that keeps on giving
Short thread...
nation.co.ke/news/Githongo-…
Anglo-Leasing was basically a con scheme involving some unsavoury characters including:
Deepak Kamani
Annure Pereira
Amin Juma
Merlyn Kettering
Ludmilla Katuschenko
Dave Mwangi
David Onyonka
Chris Obure
Francis Chahonyo
David Magari
Githongo's Accuser*
nation.co.ke/news/DPP-order…
Kenya is suspected to have lost more than $600 million (more than Sh50 billion) in the Anglo Leasing scam. The money was lost in 18 security-related contracts awarded to companies that did not render services or deliver goods paid for.
businessdailyafrica.com/news/Sh200m-An…
Per the World Bank, over 20 contracts were awarded at inflated prices during the presidencies of Daniel Moi and Mwai Kibaki. Several companies were used as fronts in the fraud.
In all, the over-priced contracts cost the Kenyan government nearly $1bn
greatripoffmap.globalwitness.org/#!/case/51
The govt even blocked external investigations in 2009
"The Kenyan authorities have been accused of blocking an investigation by the UK's Serious Fraud Office into a £500m corruption scandal that allegedly involved a network of British businessmen. "
theguardian.com/world/2009/feb…
In 2012 A court found former home affairs permanent secretary Sylvestor Mwaliko guilty of abuse of office and fined him Sh3mn, the first conviction related to the multi-million dollar Anglo Leasing corruption scandal.
reuters.com/article/us-ken…
In June 2014, two Anglo-leasing companies won a case against Kenya in London and Geneva necessitating a payment of $16.4m
The govt claimed that this was necessary in order to float the first Eurobond
ft.com/content/157f33…
In January 2017, Henry Rotich claimed that the country could be forced to pay Sh16.6bn if it loses cases filed by owners of Anglo Leasing-type companies over the country’s refusal to honour the contracts, which were awarded irregularly.
nation.co.ke/news/Anglo-Lea…