“Going Concern” or Gone? The Ghost of Chase Bank Haunts Credit Bank
Auditors question Credit Bank’s survival as capital shortfall, rising bad loans, and management silence fuel fears of another Chase Bank-style collapse. Credit Bank is staring...
Author : nairobi-exposed
KCB Dragged Into Lawyer Kyalo’s Murder Mystery
Nairobi, Kenya – The brazen assassination of prominent Nairobi lawyer Mathew Kyalo Mbobu has thrust Kenya Commercial Bank (KCB) and allegations of judicial corruption into...
Kebs Declares Kwale Sugar Insolvent As Court Fight Deepens Over ‘Mercury’ Saga
The long-running war between the Kenya Bureau of Standards and Kwale International Sugar Company Limited has exploded again, this time with KEBS asking the High...
Safaricom Handed Over Private Student Data Illegally
In the ongoing case of university student David Mokaya, Daniel Khamisi, an investigator from Safaricom’s security department, told the court that he received a request...
Court Told How Nairobi Fake Gold Scammers Stole Sh300M From An Italian
A foreigner has recounted before a Nairobi court how he lost more than Sh300 million to conmen posing as gold dealers. Dr. Satninder Singh told...
Notorious Nairobi Lawyer Guy Spencer Elms Faces Renewed Scrutiny in Billionaire’s Land Forgery Case
In a deepening scandal that has reignited concerns over land fraud in Kenya, the Directorate of Criminal Investigations (DCI) is probing veteran Nairobi lawyer Guy...
Court Finds MozzartBet Directors Guilty Of Money Laundering
Court of Appeal upholds seizure of Sh256 million, finding betting firm’s transactions bore hallmarks of criminal activity Kenya’s betting sector has suffered another major blow...
Fake Gold Scammer Charged with Ksh 223M Fraud
The court heard that David Onyango Ochanda, with others already charged in court, conspired to commit the offence of stealing the said money by falsely...
Undocumented Foreigners Caught in Expanding City Hall Corruption Probe
An unfolding money laundering investigation at City Hall has taken a startling turn after detectives discovered that two central figures linked to suspected fraudulent payments...
Lawyer and Notorious Fake Gold Scammer Arrested Over Sh79 Million Fraud
The Directorate of Criminal Investigations has arrested a prominent Nairobi lawyer in connection with an elaborate fake gold scheme that defrauded a Canadian investor of...