Nipate

Forum => Kenya Discussion => Topic started by: gout on May 29, 2021, 07:04:12 PM

Title: Spire on fire- Was it even a bank? Clean Merali heist of teachers' savings
Post by: gout on May 29, 2021, 07:04:12 PM

The mwalimu sacco administrators need to be taken through Assets Recovery for conspiring with merali.

Clean 2.4 billion for 75 % stake allowing him to launder 1.7 deposits, then 'undisclosed fee' for 25%.

https://www.businessdailyafrica.com/bd/markets/capital-markets/cbk-hands-spire-bank-emergency-cash-lifeline-3416590

Title: Re: Spire on fire- Was it even a bank? Clean Merali heist of teachers' savings
Post by: RV Pundit on May 29, 2021, 07:53:47 PM

Yes, it heist - by the smooth mhindi criminal. It's upon the Sacco to sack the officials and invite investigations.