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Chase Bank loss...another case of cooking the books?
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muganda
#661 Posted : Thursday, April 13, 2017 11:30:37 AM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
maka wrote:
http://www.the-star.co.ke/news/2017/04/13/chase-bank-bought-ferrari-and-6m-dubai-flat-for-chairman_c1542091
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KulaRaha
#662 Posted : Thursday, April 13, 2017 12:00:44 PM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
Good life...seems he was just doing what everyone else is doing....
Business opportunities are like buses,there's always another one coming
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muganda
#663 Posted : Thursday, April 13, 2017 12:18:43 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
KulaRaha wrote:
Good life...seems he was just doing what everyone else is doing....


....with everyone else's money Laughing out loudly
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quicksand
#664 Posted : Thursday, April 13, 2017 12:24:29 PM
Rank: Veteran


Joined: 7/5/2010
Posts: 2,061
Location: Nairobi
muganda wrote:
maka wrote:
http://www.the-star.co.ke/news/2017/04/13/chase-bank-bought-ferrari-and-6m-dubai-flat-for-chairman_c1542091




The man who creates these graphics is on point kabisa. That's a corvette and the other one is a Ferrari Dino, the very cars claimed as bought Applause
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KulaRaha
#665 Posted : Thursday, April 13, 2017 4:07:55 PM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
muganda wrote:
KulaRaha wrote:
Good life...seems he was just doing what everyone else is doing....


....with everyone else's money Laughing out loudly


He could be very successful in government....Laughing out loudly Laughing out loudly Laughing out loudly
Business opportunities are like buses,there's always another one coming
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Bigchick
#666 Posted : Thursday, April 13, 2017 4:22:07 PM
Rank: Elder


Joined: 2/8/2013
Posts: 4,068
Location: At Large.
Extremely sad that they are walking around as free citizens.Maybe its time to take matters into our own hands.I want to be a friend of that Eastleigh cop.

My friend has 20M tied there while another one got a stroke a month after the bank was placed in receivership.His 5M was in there.

ION will this info not mess up the bids?Will this cash ever be recovered given that there is alot that was used to buy wine and women?
Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
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maka
#667 Posted : Thursday, April 13, 2017 4:48:02 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Bigchick wrote:
Extremely sad that they are walking around as free citizens.Maybe its time to take matters into our own hands.I want to be a friend of that Eastleigh cop.

My friend has 20M tied there while another one got a stroke a month after the bank was placed in receivership.His 5M was in there.

ION will this info not mess up the bids?Will this cash ever be recovered given that there is alot that was used to buy wine and women?


Its really sad...Hiyo ya wanawake na pombe zimepoteaSad Such fellows should be in Kamiti.
possunt quia posse videntur
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washiku
#668 Posted : Friday, April 14, 2017 12:31:36 AM
Rank: Chief


Joined: 5/9/2007
Posts: 13,095
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Sir Jones
#669 Posted : Friday, April 14, 2017 10:39:27 AM
Rank: Member


Joined: 3/10/2009
Posts: 36
maka wrote:
Bigchick wrote:
Extremely sad that they are walking around as free citizens.Maybe its time to take matters into our own hands.I want to be a friend of that Eastleigh cop.

My friend has 20M tied there while another one got a stroke a month after the bank was placed in receivership.His 5M was in there.

ION will this info not mess up the bids?Will this cash ever be recovered given that there is alot that was used to buy wine and women?


Its really sad...Hiyo ya wanawake na pombe zimepoteaSad Such fellows should be in Kamiti.

These are economic crimes that our leaders should focus on, they affect not only directly affected investors and customers but the Kenyan economy.

The perpetrators of economic crimes should not be committed to jail but hanged or put on public firing to deter the crime. But as long as we continue to condone the vice, we will never achieve the vision 2030 goals.

Putting these criminals in Kamiti won't help @Make as they still have money to corrupt the system. Also tax payers' money will be used to keep them there. Let us do away with those implicated in economic crimes.
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obiero
#670 Posted : Friday, April 14, 2017 10:53:06 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,493
Location: nairobi
Sir Jones wrote:
maka wrote:
Bigchick wrote:
Extremely sad that they are walking around as free citizens.Maybe its time to take matters into our own hands.I want to be a friend of that Eastleigh cop.

My friend has 20M tied there while another one got a stroke a month after the bank was placed in receivership.His 5M was in there.

ION will this info not mess up the bids?Will this cash ever be recovered given that there is alot that was used to buy wine and women?


Its really sad...Hiyo ya wanawake na pombe zimepoteaSad Such fellows should be in Kamiti.

These are economic crimes that our leaders should focus on, they affect not only directly affected investors and customers but the Kenyan economy.

The perpetrators of economic crimes should not be committed to jail but hanged or put on public firing to deter the crime. But as long as we continue to condone the vice, we will never achieve the vision 2030 goals.

Putting these criminals in Kamiti won't help @Make as they still have money to corrupt the system. Also tax payers' money will be used to keep them there. Let us do away with those implicated in economic crimes.

Hanging would be fine and I could volunteer to help

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Pesa Nane
#671 Posted : Tuesday, May 02, 2017 10:13:33 PM
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Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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Ericsson
#672 Posted : Wednesday, May 03, 2017 12:26:59 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,671
Location: NAIROBI
Audited financial results za 2016 ziko wapi.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Mseto binti
#673 Posted : Wednesday, May 03, 2017 10:40:29 PM
Rank: Member


Joined: 3/9/2012
Posts: 144
muganda wrote:
maka wrote:
http://www.the-star.co.ke/news/2017/04/13/chase-bank-bought-ferrari-and-6m-dubai-flat-for-chairman_c1542091






It's such like things that others can afford , u wonder kwani hao ndio nani? Why even go to class at all...... achieved 20 years of schooling for u to be tethered at a corporate desk like a goat???!!!
I found meaningful work🤓
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Ericsson
#674 Posted : Friday, May 05, 2017 9:36:42 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,671
Location: NAIROBI
Mauritius SBM holdings bidding to acquire Chase bank stake
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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washiku
#675 Posted : Monday, May 08, 2017 12:43:18 PM
Rank: Chief


Joined: 5/9/2007
Posts: 13,095
Ericsson wrote:
Mauritius SBM holdings bidding to acquire Chase bank stake


These are the same guys who took over Fidelity?
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Ericsson
#676 Posted : Monday, May 08, 2017 12:46:37 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,671
Location: NAIROBI
washiku wrote:
Ericsson wrote:
Mauritius SBM holdings bidding to acquire Chase bank stake


These are the same guys who took over Fidelity?


Yes
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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washiku
#677 Posted : Monday, May 29, 2017 10:42:12 AM
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Joined: 5/9/2007
Posts: 13,095
Are the buyers know now? Wazua has a way of knowing these things before deadline.
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Bigchick
#678 Posted : Tuesday, May 30, 2017 7:20:28 AM
Rank: Elder


Joined: 2/8/2013
Posts: 4,068
Location: At Large.
washiku wrote:
Are the buyers know now? Wazua has a way of knowing these things before deadline.



Not yet.

Shortlisted bidders have been inspecting the books one after another.Maybe we shalk bevyold soon who has made it.They have both local and international.
Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
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KulaRaha
#679 Posted : Tuesday, May 30, 2017 8:17:55 AM
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Joined: 7/26/2007
Posts: 6,514
It will be SBM.
Business opportunities are like buses,there's always another one coming
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Ebenyo
#680 Posted : Tuesday, May 30, 2017 8:37:22 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
KulaRaha wrote:
It will be SBM.


hope kcb will get a stake
Towards the goal of financial freedom
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