Telkom Kenya sale to UAE firm is a fake deal

[Kadudu]

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It seems Telkom Kenya has again been sold to our guys. They have bought it using a fake entity. I am sure the owners are locals based in RV.

https://www.standardmedia.co.ke/business/business/article/2001482899/hard-questions-in-telkom-kenya-sale

Hard questions in Telkom Kenya sale deal to Emirates firmThe firm has almost no online footprint and a check on its domain registration details indicates that the website was created last month and updated yesterday, a few hours after Treasury released its statement.

[Kadudu]

That firm is non-existant.

https://www.businessdailyafrica.com/bd/corporate/companies/emirati-firm-buying-top-stake-in-telkom-shrouded-in-mystery--4391270

[gout]

Stinks to high heavens.

[Georgesoros]

back to Moi era tactics Moi 2.0

[Fairandbalanced]

Ruto and his buddies just did this while keeping our street fighter busy with talks. Raila should be leading people to the streets about this not unless he was implicated is some way. Kenyans are tired of this nonsense. The talks will yield nothing, the stealing continues and Kenyans are suffering.

[Njuri Ncheke]

This type of shenanigans are the ones that will define Ruto in 2027, he is walking on a tight rope. Ruto is failing simple his Hustler base with evaporate if rhings continue this way.

[patel]

This deal stinks. Hellos supposed to pay back 6 birrions..who do they pay to Telkom or the new nyagaus? Whoever approved this should be fired.

[RV Pundit]

This deal smells very bad odour

[gout]

Ndii says it is SPV.

What is the issue with Telkom deal? It was my first assignment by the President, a day or two after inauguration. Brief: Telkom must not revert to state ownership. Find a buyer. Mission accomplished.  While at it tell me, do you know what an SPV is? Who is Jamhuri Holdings? https://t.co/M8eEfMwpze

— David Ndii (@DavidNdii) October 7, 2023

[RV Pundit]

Ok reassuring

[Kadudu]

How? Can you substantiate?

Ok reassuring

[Githunguri]

a special purpose vehicle (spv) is a broker....which companies or investors owns that brokerage?

[Georgesoros]

How come it was not sold to the public?? Kenyans have money
How come everything was done in secret?

[Kadudu]

Because it was sold to themselves.
Telkom Kenya has assets in form of land and buildings in all major cities and towns in Kenya. That is a gold mine in itself.

How come it was not sold to the public?? Kenyans have money
How come everything was done in secret?

[Georgesoros]

Moi 2.0
and i got the reply "Ubwa wewe"

[patel]

David Ndii should tender his resignation. I saw him defending this scam. It's about time to reboot.

[RV Pundit]

This was clarified. Done clean deal.

[patel]

Nothing clean about this deal. Nothing.  Stinks to high heaven.