don't worry...chocho mendia shall keep these liars in check. Ask the Uchumi employees about the motivational speaker that was Ciano. So greedy he was selling his own sukumas.


Wazua blue section is part of the cabal and we shall take it over.

All the the fellows here are corporate thugs.

Just see their posts about this crook called Ciano. He was a lovely guy. Super fellow. Icpak et al. Search and you shall find the journalists and the so called "financial analysts"

apana

I mentioned it once about some folks in blue who incite panic on some stock here at wazua and poor wanjiku would hurriedly sale good ones as on the other side the same blue guys constantly bug their brokers to purchase the same stocks at a lower price. I was put to task to substantiate my thoughts but of course I knew I got him especially and specifically. He might come here for me ... but for now nimevaa helmet as stones will come raining on me .alma1 will you protect me !!

Very Hippocratical.

@Enyands, how now.

You said, Ciano was the chair of ICPAK, I told you he has never been.

The ICPAK disciplinary committee which he was chairing is actually appointed by the Treaury Secretary!! As per the article, ICPAK actually asked him to step aside due to conflict?

And yes, I am an Auditor.

Audit is the hardest profession in the world. The truth audit can almost never catch fraud, you have two weeks to untangle what people as qualified as you are took years to hide.

This story keeps evolving in new ways every day.

http://www.businessdaily.../-/11l2t5s/-/index.html

"A senior State House official and a Safaricom executive were two days before Chase Bank collapsed paid back money they had invested in the bank through a private placement late last year, raising questions as to whether they had prior knowledge of the looming shutdown.

The two were among the select group of investors that Chase Bank had invited to participate in a Sh2.3 billion fundraiser, effectively making them shareholders in the company.

But in a move that has taken the banking fraternity by surprise and brought into question the integrity of Chase Bank’s operations before the Central Bank of Kenya (CBK) took over its management, the select group of shareholders were paid back money they had invested in the private placement (share capital) just two days before the shutdown.

The transfers amounting to about Sh40 million were made on April 5, two days before the April 7 closure.

There are questions as to how Chase Bank allowed incoming shareholders to liquidate their stakes, given that shares can only be transferred to another investor but not withdrawn in the form of cash.

The upshot of the mysterious Chase Bank equity-to-cash conversion is that depositors are higher up in the compensation hierarchy in the event of bank liquidation, unlike shareholders who are the last to be paid.

Paul Njaga, the bank’s chief executive, caused the payments to be made through an email sent the same morning to his head of finance, Catherine Mugane. "

HOW IS IT POSSIBLE TO LIQUIDATE EQUITY?

Thats should form the first part of investigation.

Proceeds of corruption/ kickbacks masquerading as a refund of equity.

So after the 25B bank run that started months before it's closure, there was another bank run of guys cashing out equity? Anything is possible in Kenya.

Regardless of who is PORK & DPORK, wheree can we get 20 Dr. Njoroges to head crucial institutions in this country. We can see change we have never experienced before!!!

1. Treasury CS

2. Treasury PS

3. Infrastructure CS

4. AG

5. CJ

6. Chief Prosecutor


..............