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Merali sought by France Govt
Kenyan Oracle
#1 Posted : Saturday, July 30, 2011 10:27:19 AM
Rank: Member


Joined: 5/31/2011
Posts: 253
First it was Okemo & Gichuru, now its Merali. Today's The Star headlines say Merali sought after by France Gubberment over shady dealings in Kencell & some offshore accounts...

All along I've been wary of the guy. Vowed Never again to touch any stocks associated with the dude after the Neveready fiasco.

Wazuans holding Sasini, Firestone & Neveready, is there storm ahead? Since he's the principal shareholder in most of those.
You lose money chasing women, but you never lose women chasing money - NAS
jerry
#2 Posted : Saturday, July 30, 2011 2:42:41 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
Kenyan Oracle wrote:
First it was Okemo & Gichuru, now its Merali. Today's The Star headlines say Merali sought after by France Gubberment over shady dealings in Kencell & some offshore accounts...

All along I've been wary of the guy. Vowed Never again to touch any stocks associated with the dude after the Neveready fiasco.

Wazuans holding Sasini, Firestone & Neveready, is there storm ahead? Since he's the principal shareholder in most of those.

=> Any link?
The opposite of courage is not cowardice, it's conformity.
youcan'tstopusnow
#3 Posted : Saturday, July 30, 2011 3:06:31 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
We wait for Monday to see the reaction of the stocks. I would be mainly interested in the reaction of Sasini than the other two...
GOD BLESS YOUR LIFE
Impunity
#4 Posted : Saturday, July 30, 2011 4:24:07 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,330
Location: Masada
Ashikwe,Afungwe,Awekwe,Andani.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

T-Bag
#5 Posted : Saturday, July 30, 2011 4:47:30 PM
Rank: Member


Joined: 9/25/2008
Posts: 510
yes! in the fullness of time the law catches all . i have not forgotten his escapades in pre 2006 Uchumi.
I AM trust in GOD, I AM belief in THYSELF
youcan'tstopusnow
#6 Posted : Saturday, July 30, 2011 5:27:32 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
T-Bag wrote:
yes! in the fullness of time the law catches all. i have not forgotten his escapades in pre 2006 Uchumi.


*signal for former KANU hawks to laugh hard*
GOD BLESS YOUR LIFE
Impunity
#7 Posted : Saturday, July 30, 2011 5:41:58 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,330
Location: Masada
When are they coming for DJ SeeKay?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

youcan'tstopusnow
#8 Posted : Saturday, July 30, 2011 5:59:11 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Impunity wrote:
When are they coming for DJ SeeKay?


On what grounds? Uchumi? I doubt they can get him for that. Unless Uchumi had some dealings with a foreign gubberment
GOD BLESS YOUR LIFE
VituVingiSana
#9 Posted : Saturday, July 30, 2011 6:50:34 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,223
Location: Nairobi
While the government of Kenya dithers, the other governments are doing OUR job. Excellent!

Sometimes feel we should be re-colonized since our politicians (elected by us) have no ethics! At least the 'western' countries [in spite of the past atrocities] have decided to act in the human interest.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#10 Posted : Saturday, July 30, 2011 8:43:22 PM
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Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Got a feeling that the western powers are out to punish africans for doing business with china and india. We know he screwed vivendi for the arabs, then screwed the arabs for the indians.
Life is short. Live passionately.
Sober
#11 Posted : Saturday, July 30, 2011 8:44:01 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
At this rate i am seeing everyone who everappeared in ‘who owns kenya‘ will be frog matched to this court. Am worried for my life
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Sober
#12 Posted : Saturday, July 30, 2011 8:45:31 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
At this rate i am seeing everyone who everappeared in ‘who owns kenya‘ will be frog matched to this court. Am worried for my life
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
youcan'tstopusnow
#13 Posted : Saturday, July 30, 2011 9:47:38 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Sober wrote:
At this rate i am seeing everyone who everappeared in ‘who owns kenya‘ will be frog matched to this court. Am worried for my life

Sad
GOD BLESS YOUR LIFE
Sober
#14 Posted : Saturday, July 30, 2011 10:36:15 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
I say that because we have very few supper rich people who did not have ‘dealings‘ with the past regime.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
VituVingiSana
#15 Posted : Saturday, July 30, 2011 11:33:42 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,223
Location: Nairobi
sparkly wrote:
Got a feeling that the western powers are out to punish africans for doing business with china and india. We know he screwed vivendi for the arabs, then screwed the arabs for the indians.

Stop protecting merali! We were the ones who got screwed. He (& moi) conned Kenyans first!!!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
jasonhill
#16 Posted : Sunday, July 31, 2011 4:29:23 AM
Rank: Member


Joined: 1/22/2011
Posts: 322
Location: Chicago, IL, USA
VituVingiSana wrote:
While the government of Kenya dithers, the other governments are doing OUR job. Excellent!

Sometimes feel we should be re-colonized since our politicians (elected by us) have no ethics! At least the 'western' countries [in spite of the past atrocities] have decided to act in the human interest.


d'oh!

Human interest? They are eliminating anyone who does what they themselves do, in hopes of quashing Sub Saharan economic expansion to the point where there is no hope of the begging bowl going away.


1. Every court case you see like this is about freezing assets and money, and about stifling Sub-Saharan Africa's economic growth to maintain a donor/recipient relationship. It says right in Wikileaks that the aim is to "secure Africa's resources" and that's right from the horse's mouth.

2. What these guys have done, most wealthy people in the West do daily, and millions add up to billions, especially when the West is broke. The difference is discretion, vision, and local investment, instead of chest-thumping indiscretion, scandal, and hiding money offshore.

3. If these fat cats would have just created jobs and industry, and reinvested in Kenya instead of squirreling money away in foreign banks, they'd be untouchable "heros". These guys have to learn how to give back to the community and to separate themselves, their dirt, and their egos from the resulting companies (and stock prices).

To say that you feel that .ke should be recolonized? What do you think they are trying to do right now???

If they succeed, they'll put us all in slave chains for sure, because they are broke.

The way that the West realized such great economic expansion is by the transfer of wealth from those that don't know any better and will spend money on imports, vices, and consumerist garbage, to those in the power seat that will build businesses and create jobs with the money. That's what is missing from Kenya... when someone creates or amasses wealth, there needs to be a subsequent re-investment of the money into wealth creation.

If Mwau, for example, had created 3000 jobs, and Kenya's first high end company to make ARVs, who could EVER complain? And he himself would be three times as rich as a result, along with 3000 more people skyrocketed into the middle class. He still can.

Corruption is bad, and should be rooted out. That's a justice system issue. But to me, my question is: WHERE DID THE MONEY GO? That's an economic issue. If you create jobs and expand the middle class, thus empowering the common man by reducing poverty, the other issues will eventually sort themselves out.

And stock prices rise.

Best,

Hill
Cde Monomotapa
#17 Posted : Sunday, July 31, 2011 6:48:08 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Home court advantage smile
sparkly
#18 Posted : Sunday, July 31, 2011 9:19:11 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
VituVingiSana wrote:
sparkly wrote:
Got a feeling that the western powers are out to punish africans for doing business with china and india. We know he screwed vivendi for the arabs, then screwed the arabs for the indians.

Stop protecting merali! We were the ones who got screwed. He (& moi) conned Kenyans first!!!

@ vvs i have strong emotions against meralli and CK. Am just wondering what a foreign nation's interest is, knowing that the Meralli/CK modus operandi is a cut and paste of western business ethics. The law and custom between nations is that if you don't like me or my nationals you can cut diplomatic ties. If that fails you refuse to trade with me/declare economic sanctions. If that fails you can go to war. Now they freeze Mwau's , Meralli's, Gichuru's, Okemo's assets, which happen to be sitting in 'their banks'. While that money is frozen does it mean they stop doing business with it or lending it out? Who benefits from those returns if not the banks and western govs? I have not heard of any plans to return the money to the consolidated fund of the people of Kenya because they are the rightful owners!
Life is short. Live passionately.
Sober
#19 Posted : Sunday, July 31, 2011 10:23:20 AM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
All this reminds me of the verterinary doctor whose corruption allegations got serious when in actual sence it was because he opted for the land cruiser to replace the land rover.
There s more than meets the eye here.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
VituVingiSana
#20 Posted : Sunday, July 31, 2011 11:06:42 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,223
Location: Nairobi
@sparkly - When I say merali... I want ALL of his backers to be hanged incl the mwizi #1.

@sober - Say what you will but I have less trust in china than I have in the 'west' in 2011. Yes, there were injustices in the 1800s & 1900s but times have changed. On the other hand, china is out to get resources. Essentially, they can't invade/conquer us (militarily) so they are doing it through other means.

China has invaded Tibet, occupied parts of India, 'own' Manchuria, threaten S. Korea, Philippines & Japan.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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