Business Archives - Nairobi Exposed

‪Director Accuses KCB Of Laundering Sh69B From South Sudan Through English Point Marina‬

nairobi-exposedJanuary 22, 2025

by nairobi-exposedJanuary 22, 202502

Nelson Amenya, a renowned Kenyan whistleblower, has recently exposed allegations involving KCB Bank and its purported role in laundering KES 69 billion from South Sudan...

Business

Exposed KCB Customers Overdrew Accounts By Sh1B In A Recent System Glitch

nairobi-exposedNovember 8, 2024

by nairobi-exposedNovember 8, 2024047

Few weeks ago, KCB Heist became a trending topic on social media with word going around that the bank system had been hacked and many...

Business Courts

Businessman Accuses Co-Operative Bank CEO Gideon Muriuki Of Shares Fraud

nairobi-exposedAugust 14, 2024August 14, 2024

by nairobi-exposedAugust 14, 2024August 14, 20240267

The chairman of Orion East Africa limited Ruo Maina has written to the principal judge of the High Court over alleged frustrations coming from Co-operative...

Business

Qatar Airways Flight Rocked With Massive Turbulence Prompting Emergency Landing At JKIA

nairobi-exposedMay 7, 2024May 7, 2024

by nairobi-exposedMay 7, 2024May 7, 20240231

On Sunday, May 5, 2024, a harrowing incident unfolded aboard Qatar Airways flight QR1499, an Airbus A330-243 bearing the registration A4O-DA and operated in conjunction...

Business Corruption

Audit Reveals Sh6B Fraud At KUSCCO, Board Fired

nairobi-exposedMay 6, 2024May 6, 2024

by nairobi-exposedMay 6, 2024May 6, 20240210

An audit of the financial records of the Kenya Union of Savings and Credit Co-operatives (Kuscco) has revealed a rot that has cost the organisation...

Business

Predatory Practices? KCB’s Legal Battle Raises Questions About Banking Ethics

nairobi-exposedMay 6, 2024

by nairobi-exposedMay 6, 20240213

NAIROBI, Kenya-In a major legal confrontation, Kenya Commercial Bank (KCB) is facing scrutiny over its aggressive pursuit of Pinewood Beach Resort and Spa, prompting broader...

Business

Airtel Kenya Ltd Accused Of Exploitation By Franchise Partners Unite

nairobi-exposedApril 24, 2024

by nairobi-exposedApril 24, 20240130

Airtel has demanded an exhaustive list of complaints from franchise partners (FPs) following troubling allegations regarding the company’s operational practices. In response to the company’s...

Business

EXPLOSIVE: Whistleblower Unearths Alarming Rot & Corruption Within Absa Bank Kenya

nairobi-exposedApril 22, 2024

by nairobi-exposedApril 22, 20240150

An anonymous informant has peeled back the layers of deception cloaking Absa Bank Kenya – laying bare a cesspool of corruption and malfeasance through a...

Business Exposed

Equity Bank’s Executive Arrested In Sh2.2B Heist

nairobi-exposedApril 16, 2024

by nairobi-exposedApril 16, 20240151

The Equity Bank Uganda saga continues to unravel as the investigation into a massive UGX65 billion (Ksh2.2 billion) fraud deepens. The latest development sees the...

Business

Standard Chartered Bank Accused Of Frustrating Customer In Recovering Sh630K From A Hacking Job

nairobi-exposedApril 16, 2024

by nairobi-exposedApril 16, 20240166

A victim of cybercrime has come forward to seek justice after his Standard Chartered Bank account was hacked on February 21st, 2024. Despite attempts to...