Why do guys amass such levels of wealth poor souls

“Investigations revealed that at some point, they were making huge cash deposits into their account in tranches of Sh200,000 almost daily. They could not explain the source of such deposits, which made us believe the amounts were proceeds of crime,” said Kariuki. He claimed that an analysis of Gikonyo’s mobile phone number revealed that he has received a total of Sh43, 913,116 through mobile money transfers sent to him by directors and managers of clearing and forwarding companies.

He added that EACC’s investigations further revealed that Gikonyo, his wife and their company were involved in tax evasion that had denied KRA millions of shillings. “The assessment report revealed that they owed taxes totalling Sh38 million. They are involved in corruption offences of dishonesty and tax evasion and must be made to surrender to the Government whatever they have illegally acquired,” said Kariuki. The commission wants the court to allow it to sell the property through public auction and the proceeds deposited in the Consolidated Fund.

Why do guys amass such levels of wealth poor souls

Arap Macadamia........Baite sasa wanaona moto !!. This greed!! Could it be some sort of fetish??

https://www.the-star.co....-sector-farmer_c1792163

There is a case in Nairobi that will certainly open the Pandora’s Box and by the time it is dispensed with in the next few months, we shall have an idea of how corruption networks in the Land Registry works.

It could be the tip of the iceberg, but welcome to the world of the Kangethe family.

The Court of Appeal has already termed the case as “perplexing” and as a “measure of how high the country has soared in the corruption index.”

HOTELS AND RESORTS

It is the story of an “intricate web of a fraudulent syndicate” — to use the Court of Appeal’s description — that involves family members who, with the connivance of officials at the Ministry of Lands, made different titles to the same piece of land and charged it to different banks.

For that simple act, they walked away with hundreds of millions of shillings from various banks without raising any alarm. With the money, they purchased Nairobi’s Princess Hotel and they built a three-star hotel in Ngara, where Verckys Bar and Resort operates.

Caught in the web are lawyers, top banks and leading real estate agents and valuers.