Scandals

SH2 BILLION HEIST EXPOSED: How Tatu City’s Foreign Masters Used Dirty Offshore Traps, London Arbitration & Mauritius Liquidation to Strip Local Investors of Their Stake

How Tatu City’s Foreign Masters Used Dirty Offshore Traps, London Arbitration and Mauritius Liquidation to Strip Vimal Shah, Ex-CBK Governor…

1 month ago

Inside the Sh14.4 Billion Metropolitan Sacco Scandal That Rocked Kenya’s Cooperative Sector

One of Kenya's largest financial scandals in recent months has emerged from Metropolitan National Sacco, where current and former officials…

1 month ago

Sh149 Million DTB Scandal: Former Branch Manager, Assistant Charged in Alleged Multi-Year Bank Heist

A major fraud case has rocked Kenya's banking sector after a former Diamond Trust Bank (DTB) branch manager, her assistant…

2 months ago

Inside Mozzart Bet’s KSh 256 Million Court Scandal: How Judges Declared the Money “Proceeds of Crime”

The Betting Giant at the Centre of a Financial Storm For years, Mozzart Bet Kenya has marketed itself as one…

2 months ago

Co-op Bank Among Lenders Fined Over Customer Data Sharing: Fresh Questions on Privacy in Kenya’s Banking Sector

Why Regulators Penalized Banks for Allegedly Sharing Borrower Data Without Consent Co-operative Bank of Kenya found itself under scrutiny after…

2 months ago

Court backs sacking of Absa manager over customer accounts fraud

The investigation focused on: A withdrawal totaling approximately KSh 3.6 million from a jointly held customer account. A separate transaction…

2 months ago

Court Upholds Sacking of Co-op Bank Manager Over Fraud-Linked Dormant Accounts

Questions Raised After Court Backs Co-operative Bank in Suspicious Dormant Account Case The Employment and Labour Relations Court has upheld…

2 months ago

Betika Faces DCI Probe, Directors Arrest and License Revocation Over Massive 29.5 Million Safaricom Customers’ Data Breach

A High Court has ruled. A formal criminal investigation request has been filed. The Odibets precedent shows what arrest looks…

2 months ago

INSIDE THE SAFARICOM DATA SCANDAL: COURT REVEALS MASSIVE 11.5 MILLION SUBSCRIBER PRIVACY BREACH, BETTING INDUSTRY LINKS, AND SYSTEMIC SECURITY FAILURES

 INTRODUCTION: A CASE THAT SHOOK KENYA’S DIGITAL ECONOMY Safaricom PLC, Kenya’s largest telecommunications company and the backbone of mobile money…

2 months ago

Stanbic Bank Under Fire as Customer Cries Out Over Delayed KSh635,000 Surgery Funds Amid Growing Internal Scandals

Stanbic Bank Kenya is increasingly finding itself at the center of growing public outrage as frustrated customers continue flooding social…

2 months ago