I wonder whether anyone have come across the below article carried in the Standard.

Ngunze is at the centre of the looting at KQ.

http://www.standardmedia...efraud-airline/?pageNo=1

The jury is out. There was no way he could authorize a bank account to be opened and later no official transactions are done through it. He is squarely in the mix. This happened just recently in 2015. As a seasoned finance & accounting professional,I expected him to interrogate before appending his signature. There is no doubt he benefited. I am very sure that this is just the tip of the iceberg, the ticketing issues that have been floating around need to be interrogated seriously. More mind boggling figures are yet to be revealed. Now you can see why KQ cannot operate a B777 which is just 12 years old and take advantage of traffic at peak seasons. Some members in this forum have been touting Ngunze as the 'messiah' expected to turn around the airline.

According to the report, the KQ Managing Direct Mbuvi Ngunze authorised illegal opening of a KQ account with Dubai Bank " he has backing of president UK " obiero auto corrected me

The letter was signed by the Group Managing Director and CEO Mbuvi Ngunze and the then Finance Director Alex Mbugua.”" He has backing of president UK?Do you know the Nguze family ? Do your research and come post here" obiero said

When the audit firm reached Ngunze to comment on the account opening, he said: “I guess I was reacting to the status of Dubai Bank as it was topical”. "I have faith in Nguze . " obiero said

The letter was purportedly signed by Mr Ngunze and Mr Mbugua. When asked to comment about the letter, Mbugua denied knowledge of it and said his signature was forged then this Mbugua guy had the balls big enough of an elephant suing kq for wrongful dismissal. Does he face his kids and tell them he is an honest man?

Obiero is Nguze an honest man? I just can't stand someone who over eats stolen food and comes vomiting on my door step asking for more food .he should just resign. Or he will sue kq for defamation of character ? And this deloitte guys why didn't they audit the ticketing dept? That's where main fraud occurred ?

it doesn't make sense that the CEO would be a thief bold enough to remain firm while audit is ongoing. the media have played a big role in dismantling the KQ share

Like @ArrestDev has said this is just the beginning more to come...