Sometime back, Keroche borrowed Ksh 5 billion from @Barclays_Kenya to modernize its factory. The bank needed political assurance as security for its investment.
Tabitha Karanja wrote to Pres. Kibaki to honor an invite and open modernized factory on completion. Kibaki agreed.
@Barclays_Kenya Powerful people in State House saw this schedule on the then President Kibaki's itinerary. They didn't like it. Tabitha was a threat to their wealth.
That opening of Keroche's new factory by Kibaki was silently removed from the President's itinerary. Tabitha was not aware.
@Barclays_Kenya The late Jeremiah Kiereini together with Ministers Amos Kimunya and the late John Michuki teamed up to stop Tabitha. Mrs. Kimunya was a major distributor of EABL products while Kiereini was a key shareholder of the same.
Michuki hated new money influences in Kiukuyuland.
@Barclays_Kenya Tabitha Karanja realized she was alone when she tried to confirm with the State House comptroller Hyslop Ipu. Mr. Ipu just indicated to Tabitha, "I am not aware of what happened and can't confirm the president's availability."
@Barclays_Kenya Tabitha was then in front of State House asking for a personal audience with President Kibaki to plead her case. She was driving herself.
Tabitha Karanja literally cried in the car and made calls but nobody listened to her. Confused, she was chased by GSU from SH gates.
@Barclays_Kenya She had just driven from Naivasha to State House and was blocked from seeing President Kibaki who was in?
The then President Kibaki's PA Joe Wanjui confirmed receiving her invite but someone powerful had blocked her from getting the factory opened by President Kibaki.
@Barclays_Kenya Realizing that Kibaki's people had played her, she got in touch with one of her employees who knew Jakoyo Midiwo and asked for an audience with Raila.
Tabitha didn't have access to Raila then.
Jakoyo linked her to Raila. Raila was then not well aware of what Keroche was.
@Barclays_Kenya Tabitha met Jakoyo at Serena Hotel and Jakoyo drove her to Karen's residence of Raila.
@Barclays_Kenya On the day of the unveiling of the new factory, Raila was also to grace an event in Kisumu.
But he agreed to pass by.
He asked if they had a helipad as he could pass by on his way to Kisumu. He told them that he could spend a maximum of 15 minutes. It was 48 hours to the d-day
@Barclays_Kenya Sensing "mwanya", Tabitha asked Raila what he needed for the helipad as she can prepare that.
Tabitha Karanja prepared a helipad for Raila's chopper within 36 hours.
Raila graced the occasion and instead of spending only 15 minutes, spent 3 hours. Raila loved the investment
@Barclays_Kenya That's where the friendship of @RailaOdinga and Tabitha Karanja emanated from. That's how Tabitha knew and became friends to Raila.
@Barclays_Kenya@RailaOdinga Today, Keroche has a factory capable of producing 24,000 crates of beer or 600,000 beers in a single day.
The competitor is not happy with this. EABL is doing all it can and now using the DCI and ODPP to sabotage it.
To get into the club of billionaires in Kikiyuland, you have to be oathed. Tabitha Karanja is growing balls without being oathed into this club.
She has to be contained. Unfortunate. So unfortunate!!!
I am told the Kenyatta Family acquired the Kiereini family's shareholding in EABL recently. So this is high-level state sabotage of competition.
Even the KRA officers who were handling the Keroche file were confused when DCI asked them to present the file for processing
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Anyone who has been in business, worked sweat and tears would agree that there’s nothing as painful as being defrauded your hard-earned money. This is why Enko Capital Management is determined to have Kenya’s IT firm Software Technology Limited (STL) held accountable.
The matter at hand where STL defrauded Enko Capital Sh594 million was submitted to the Directorate of Criminal Investigations (DCI) earlier in February this year. Enko wants the DCI to intervene and settle the matter faster as they are on the verge of losing Sh594 million.
The company’s founder, Jyoti Mukherjee died in January 2020. Thus, the only available shareholders that can be held accountable are Mukherjee’s family including her husband Sanjivan and children. Time is thus of essence as the longer the wait, the longer justice is delayed.
You might be wondering how Enko Capital Management, a renowned South African company fell victim to fraud by Kenya’s IT firm STL. Here is how STL orchestrated a well-organized syndicate that defrauded Enko Capital Sh594million.
STL, a company specializing in software solutions founded by Jyoti Mukherjee used fraudulent means to acquire investment from Enko Capital with the help of different professionals.
STL’s main shareholders were listed as Jyoti Mukherjee, the founder (19%), Sanjivan Mukherjee, (19%), Chaitanya Mukherjee (16%), TBL Mirror Fund (22%) and Mawa Holdings Ltd (10%).
Ever heard of Kenyan IT Firm Software Technologies Limited (STL)? If not, here is a thread of how this company defrauded a South African firm Sh594 Million.
Enko Capital Management is a private equity investor targeting mid-cap growth companies across Africa. The company wants the Directorate of Criminal Investigations (DCI) to unravel what transpired with STL as they are on the verge of losing Sh594 million.
It all started when Enko Capital wanted to invest in the country and settled on Software Technologies Limited (STL), a company specializing in software solutions founded by Jyoti Mukherjee.
So I need to tel you about the Locust Spraying and how the govt officers are using the menace to loot the coffers.
It’s a very simple story with high risks since the looters are in the Agriculture and Interior ministries. #Thread
When the CS Kiunjuri reaches out to aviation operators (mostly wazungus with light aircrafts in Nanyuki) to help contain the menace, the operators agreed that the menace was of concern to them and they’d agree on a standard fee.
Operators agreed that a standard fee of Ksh 60,000 ($600) per hour per flight would be paid to each of the operators fighting the locusts.
Govt officers whose departments deal with the issue and the county officers (CECs and some governors) insisted that the fee was "too low."