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Anatomy of a fraud
Kusadikika
#1 Posted : Monday, May 11, 2009 7:48:00 AM
Rank: Elder


Joined: 7/22/2008
Posts: 2,702
The purpose of this post is purely to understand how things work or were supposed to work.

There are many here who believe that there was fraud intended in UKs 9.2 billion shilling 'typing error'. Assuming this to be true how was this supposed to work out.. I mean how do you get it from the government estimates to someones pocket?

You allocate several million shillings more per Ministry,the money is wired to the ministry accounts..the big question is how does the thief get it into his pocket? Does he then go to the cashier of these Ministries and ask for the 'extra' cash?? Please educate me. I am really curious. An academic curiosity,please keep politics out of this.

Weusi wa nywele za mshtakiwa zaonyesha ujinga alio nao
Magigi
#2 Posted : Monday, May 11, 2009 7:55:00 AM
Rank: Elder


Joined: 3/31/2008
Posts: 7,081
Location: Kenya
...and more to it,does Uhuru go to each ministry claiming his cut.... and never to be discovered!!! He must be the biggest fool to have ever lived on earth. Educate me too...
mtaalam
#3 Posted : Monday, May 11, 2009 8:22:00 AM
Rank: Member


Joined: 11/2/2006
Posts: 519
@kusadikika,you simply get your corrupt supplier friend to tender at an agreed amount,get your procurement guy to award the tender to your corrupt friend and finally share the loot with UK,the Minister the PS and the rest.

The best time to plant a tree is twenty years ago. The second best time is now.
Fundaah
#4 Posted : Monday, May 11, 2009 8:26:00 AM
Rank: Elder


Joined: 11/19/2008
Posts: 1,267
Or pay anglo leasing or any other ghost.Indicate it as payment to external creditors...did you know that no list of external debts exist!!!.. that is where leakages occur...

pay 'security contract.'.. whose contents must remain secret due to 'national security'








I mean fundamental analysis,you get me? Fundamental analysis of a business involves analyzing its financial statements and health,its management and competitive advantages,and its competitors
Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
Waria
#5 Posted : Monday, May 11, 2009 10:53:00 AM
Rank: Member


Joined: 10/11/2007
Posts: 213
Question still not well answered

The overestimates cut across all ministries..... r u implying Uk has contacts in all of them and has coorupt friends to tender in each without th PPOA...

As for security contracts that only one ministry

It sure isnt a typo but then again its not daylight robbery either


Me first,U next
The Real Shaft
#6 Posted : Monday, May 11, 2009 11:02:00 AM
Rank: Veteran


Joined: 11/19/2008
Posts: 839
typo...

or intended fraud....

the system of developing such reports is largely dependent.....

on the whims and machinations of clerks....

the minister's role...

is simply to present the final report for discussion......

in other jurisdictions...

the executive is separated from the Legislature....

allowing a sitting president to appoint qualified personnel as ministers....

if you asked UK.....

what he was reading.....

he would not be able to interpret a third of what was written....

I'm the real Massey F.....shut your mouth
I'm the real Massey Fergu...... Shut your mouth....
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