PHOTO | BBC There is no evidence some investors profited from knowledge of Hamas’s attack on Israel before it took place on 7 October, the Israel Securities Authority (ISA) has said. One academic study had suggested investors betting against the Israeli economy made large sums. It said it found significant short-selling in the run-up to […]
Deputy President Rigathi Gachagua has commended the Competition Authority of Kenya (CAK) for its work in the protection of consumers in the country. However, the Deputy President told the government agency that it needed to do more particularly in raising public awareness to ensure the consumer is protected from unsafe practises. The DP singled out […]
Damning details have emerged of how Wildlife Principal Secretary Sylvia Museiya Kihoro brazenly pocketed close to Sh30 million from the State Department for Wildlife through fictitious travel reimbursements in less than a year after assuming office. Documents in our possession have revealed a trail of merciless looting from victims of Human Wildlife Conflict as well […]
The widow of a Pakistani journalist who was shot dead in October last year has sued the Kenya government over the unlawful killing of her husband. Javeria Siddique, the widow of Arshad Sharif has sued the government and is demanding damages and a public apology for his killing. In a suit filed at the High […]
The Ethics and Anti-Corruption Commission (EACC) has ordered the County Government of Kilifi to suspend the payment of Ksh103 million for a tender issued to purchase a revenue collection management system. In a letter addressed to Kilifi Governor Gideon Mungaro, EACC faulted the county for signing an agreement regarding the tender despite a caution letter […]
National assembly speaker and Ford-K leader Moses Wetang’ula is a bitter man after Trade cabinet secretary Rebecca Miano appointed Esther Njeri as the managing director of the Kenya Bureau of Standards. Now it is said that Miano was behind Raila Odinga presidential bid in 2022 and only found her way to the cabinet to pave […]
A human rights defender has filed a constitutional petition at the High Court over tenders given by the defunct Nairobi Metropolitan Services (NMS) for the construction of health facilities in the informal settlements. Francis Awino has sued Megascope Healthcare Limited, which is associated with businessman Richard Ngatia over contracts it got from NMS worth Sh869 […]
The Assets Recovery Agency has moved to court seeking orders to freeze the bank accounts of a man suspected to be involved in the Sh 34,441,587.35 Kenyatta National Hospital scam. Eric Nguku Mbiu who is the director of Escobar Kenya Limited is suspected to be part of a syndicate involved in a money laundering scheme […]
BY EUNICE KAMANDE A Customs Bonded Warehouse has been under close scrutiny over the decision to reject the official release and subsequent sale of a significant quantity of Gold Dore Bars weighing 1,000 Kilograms. The Precious High Value Cargo has been within the Bond since October 2022. The Gold belongs to a Reputable Mining Company in […]
Top National Treasury officials inflated forex exchange rates in the sale of Telkom Kenya Ltd, increasing the amount by hundreds of millions. A report by MPs on the inquiry on the 100 per cent buyback of Telkom Kenya by the government reveals how the Treasury mandarins made a kill by a simple move of reporting […]
Former Lamu Senator Anuar Loitiptip has finally been arraigned in court after a warrant of arrest was issued against him by a Milimani court a week ago. The former MP who is accused of obtaining money falsely was Thursday charged with three counts. He was Thursday charged with obtaining Ksh6 million through the sale of […]
Former Narok MCA Stephen Kudate has sensationally claimed that Environment CS Soipan Tuya chased him out of their matrimonial home in Kileleshwa, Nairobi when she was appointed to office. Kudate says they were legally married having observed all traditional marriage rites but in September 2022, Tuya deserted her matrimonial home when she assumed office as […]
