KCB Loses Appeal Against KRA’s Sh436 Million Tax Demand On VAT
The Kenya Commercial Bank (KCB) Group has suffered a major blow after the tax tribunal dismissed its appeal seeking to overturn a tax demand of...
Category : Business
Director Accuses KCB Of Laundering Sh69B From South Sudan Through English Point Marina
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...
Exposed KCB Customers Overdrew Accounts By Sh1B In A Recent System Glitch
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...
Businessman Accuses Co-Operative Bank CEO Gideon Muriuki Of Shares Fraud
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...
Qatar Airways Flight Rocked With Massive Turbulence Prompting Emergency Landing At JKIA
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...
Audit Reveals Sh6B Fraud At KUSCCO, Board Fired
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...
Predatory Practices? KCB’s Legal Battle Raises Questions About Banking Ethics
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...
Airtel Kenya Ltd Accused Of Exploitation By Franchise Partners Unite
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...
EXPLOSIVE: Whistleblower Unearths Alarming Rot & Corruption Within Absa Bank Kenya
An anonymous informant has peeled back the layers of deception cloaking Absa Bank Kenya – laying bare a cesspool of corruption and malfeasance through a...
Equity Bank’s Executive Arrested In Sh2.2B Heist
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...