Suspected Sh300m heist at Treasury, Uhuru’s office

[Nowayhaha]

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https://www.the-star.co.ke/news/2020-09-07-suspected-sh300m-heist-at-treasury-uhurus-office/

Anti-graft detectives have uncovered suspected theft of more than Sh316 million involving four government ministries, including the National Treasury and the Office of the President.

The Assets Recovery Agency says the alleged fraud was executed by government insiders who used two individuals and their seven businesses to conceal the ultimate beneficiary.

Documents filed in court and exclusively obtained by the Star show how money was deposited into the seven bank accounts and quickly withdrawn in cash. The agency believes the move was to disguise the money trail.

 
 
Other than the Treasury and Office of the President, the suspected fraudulent payouts were also made by the Ministry of Interior, the Ministry of Defence, State Department for Public Service and the Ministry of Health.

“That the suspected bank accounts of the business entities received multiple payments from the same government ministries and state agencies in massive schemes of money laundering and fraud in an effort to conceal, disguise the nature, sources, disposition and movement of the illicit funds and should be preserved,” ARA argues.

At the centre of the probe are Ruth Nyambura James who is the sole proprietor of five businesses and Stephen Musyoka Kinyamaso who runs two entities.

ARA has secured court orders from the High Court temporarily freezing more than Sh91 million in the accounts of the two individuals.

Nyambura had Sh58.6 million in her five business accounts at Equity Bank while Musyoka had Sh31.8 million also at Equity.

"I hereby grant temporary preservation orders against all the respondents, their agents, employees, servants or any person acting on their behalf from transacting, withdrawing, transferring and dealing in any manner in respects of the funds specified in the named bank accounts,” Justice James Wakiaga ruled on Friday last week.

The alleged fraud was perpetrated over nearly five years from December 2014 to July 2020 when the agency moved in.

 
 
“Preliminary investigations established that Ruth Nyambura James and Stephen Musyoka Kinyamaso business entities received multiple payments from the same government ministries and state agencies in schemes of money laundering amounting to Sh316.5 million which would then be withdrawn in cash in split transactions in an effort to conceal or disguise the nature, source, location, disposition or movements of the said funds,” the agency said.

For instance, on 22 October 2018, one of Nyambura’s businesses, Butah Technologies received Sh9.9 million from the State Department of Immigration.

However, the bulk of the money was soon withdrawn in cash from Equity Bank Taj Mall Branch in three different transactions.

Two days after the cash hit the account, Nyambura withdrew Sh6 million. She withdrew another Sh2 million three days later and a further Sh900,000 after about two weeks.

Apart from Butah Technologies, Nyambura's other firms include Jaruh Supplies, Butah Technologies, Caillytech Solutions, Sinatab Agencies, Five Zone Traders all with bank accounts at Equity Bank.

Musyoka's firms are Steko Enterprises and Famotech Supplies.

ARA suggests that Nyambura and Musyoka could be known to each other as they have had direct bank transfers. For instance, on October 18, 2019, Sh600,000 was directly wired from Nyambura’s Jaruh account to Musyoka’s Stekno Enterprises.

An analysis of the bank statements of Jaruh Supplies alone shows that it has received Sh77.2 million from government agencies soon after the account was opened in December 2014.

The documents show that the Ministry of Defence paid Jaruh Supplies in 42 tranches totalling Sh14 million, the presidency paid it in 10 transactions worth Sh5.1 million while the National Treasury made two transactions adding up to Sh2 million.

In July, The Ethics and Anti-Corruption Commission obtained a court order to freeze four bank accounts of the National Treasury’s deputy director external resources Charles Muia Mutiso over unexplained wealth.

The frozen accounts at Absa, Kenya Commercial Bank and Cooperative Bank have more than Sh36.7 million. The details emerged amid national outrage over the alleged Kemsa scandal in which individuals, some too close to power, were awarded lucrative contracts.

[Nowayhaha]

scanfish • a minute ago
Trying hard to beat Moi's world record.

MY OPINION • 14 minutes ago
The best Government ever!!!! Where is Amondi aka Gema sage to spin his President achievement!!!!!

James Andare • 19 minutes ago • edited
Nimechokaaa!!. Anybody who voted THREE TIMES, should not shed crocodile tears here. Watusamehe jameni. Wanyamaze kimya

Tomas Tomas • 30 minutes ago
If this is what is called "Uhuru legacy" then all those politicians who are supporting this so called legacy should be swept away come next elections..This is a legacy of theft and banditry..Kenya needs a new leadership..A new revolution..A new beginning..

Adrian Wamira • an hour ago
I just pray the Covid-19 Pandemic can help us get rid of these thieves. We are tired of this same story about money getting stolen in Government Ministries and Departments. The Government should create a a Corruption Ministry then, so all thieves can be stealing from one centre

Mimi • an hour ago
OP!!!
😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
We are truly fighting corruption.

Itikwaki • an hour ago
I am just tired about reading a theft scandal per day.

Wakariro  Itikwaki • an hour ago
We now sugar coat them as 'heists'...sounds better than 'theft'

Nius • an hour ago • edited
It reminds me of a clip I watched on the Okoth Odado vs ODM fiaco as a leader was asking public of .... who is not a thief in Kenya? The crown roared back ... hakuna! I know not every body is corrupt but most people making oinse on corruption are ironically the most corrupt. Corruption is a business in Kenya and it drives and sustains our politics. Our politics and corruption are like conjoined twins. One drives the other, either way.

ThebullJ • an hour ago
The rate and the boldness pple in this govt are pilfering our resources.....it is clear, a word has going out ..."the emperor"....even though on the throne....he is in a drunken stupor.....he is not seeing or concerned by what the "minnows" are doing even right under his nose.
Sad!!!!! First Lady is a great person....she must be embarrassed every waking minute. Is there no one who can "shake" this dude back to sobriety??????!!!! The country is going to the dogs.
Raila is partly to blame....for giving these "pple" cover and peace to loot us clean.
No opposition....instead Raila is already working on the next elections....has no time to keep the govt accountable.

Dave Mburu • 2 hours ago
Who is not stealing in Kenya?? I thought we should execute all thieves but at this rate we might end up annihilating ourselves.

What does the rest of the normal world think of us? I guess they think more highly of war lords and drug lords

Do our leaders / civil servants think of anything other than stealing? Do they compete on performance or they wake up every morning planning on how to freeze us.

This country Kenya is cursed - God has abandoned us

James Mwangi • 2 hours ago • edited
Manzee Uhuru, I mean gosh, futa watu at least. How can I sweat, pay taxes to KRA while someone is waiting on the other end to pocket it? Or hire me I think I can help you.

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Jei  James Mwangi • 29 minutes ago
Amewatuma waibe on his behalf!! How do you expect him to fire them bana!!

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route • 2 hours ago
People are stealing as if tomorrow is the end of Kenya.
Or like a competition to outdo the other.

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Jei  route • 27 minutes ago
They have the presidents blessings. We have no one for us apart from GOD.

Michael Muriithi • 3 hours ago
Uhuru will issue another 21days notice to investigate theft in his own office.. the worst president ever..very incompetent..a disgrace to Kenya.

Hoorayhenry • 3 hours ago • edited
Kenyans need to get rid of this fool before he bankrupts this country. Does he know what's going on anywhere in his govt?

Jei • 3 hours ago • edited
I was singing :UhuRuto, tano tena" I didn't know our own president could sideline his deputy and this is what we can get!!!! UHUNYE' YOU ARE A LET DOWN. PERIOD!!!

Better the times Ruto was Tangatangaring but we could see development, not corruption. Has anyone noted since Ruto allies were kicked from KPLC, it has nose dived in earnings from 3.2 bilion to some 300+ millions? Zingine zimeenda wapi surely na stima inaendelea kuwa expensive by the day?

Wa-Balls  Jei • an hour ago
Since Ruto was sent to the corner, more corruption cases have been unearthed and progress on infrastructure development front scaled up.

Big Faux Agenda • 5 hours ago • edited
Let's just say the Jayden regime has been good for govt thieves. A kleptocracy worse than Mobutu Zaire and Bokasa CAR. A govt by thieves of thieves for thieves

Hauz • 6 hours ago
Since the allegations implicate the office of the president, should he not take responsibility for being a poor office manager?

Michael Muriithi  ThebullJ • 3 hours ago
Your only problem is that you cannot differentiate between "Uhuru's family members" and the rest of the Kikuyu populace..and that makes you somehow stupid...Kikuyus suffer just as much as any other Kenyan..when these demonic leaders destroy our economy and country at large.."Non is more oppressed than those who think that they are free".

Lusom • 6 hours ago
Impeach Uhuru before he destroys Kenya completely. He is unfit to be President

[Kadudu]

Nothing new in the UhuRuto regime. You see even this post does not raise any eyebrows. 300m is nowadays peanuts. Josephine Kabura collected much more in gunias from the bank in the NYS saga.

[Nowayhaha]

Nothing new in the UhuRuto regime. You see even this post does not raise any eyebrows. 300m is nowadays peanuts. Josephine Kabura collected much more in gunias from the bank in the NYS saga.

Kadudu, so when it comes to corruption its UhuRuto Regime  but when it comes to referendum its Handshake regime . You amaze me .....

[Kadudu]

Outright theft started in 2013 when the two ICC suspects took over. Even Pundit does not bother to deny this fact. His own man Ruto has multiplied his wealth since 2013 to new dimensions. Is it all straight business?
As of the Handshake regime, ask Uhuru and his new found friend Raila. I do not hold brief for the two.

Kadudu, so when it comes to corruption its UhuRuto Regime  but when it comes to referendum its Handshake regime . You amaze me .....

[Nowayhaha]

Outright theft started in 2013 when the two ICC suspects took over. Even Pundit does not bother to deny this fact. His own man Ruto has multiplied his wealth since 2013 to new dimensions. Is it all straight business?
As of the Handshake regime, ask Uhuru and his new found friend Raila. I do not hold brief for the two.

Kadudu, so when it comes to corruption its UhuRuto Regime  but when it comes to referendum its Handshake regime . You amaze me .....

So you agree that Uhuru znd Raila are as corrupt as they come.
So you hold brief for UhuRuto  that you can only see corruption there but not under handshake ?