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Alfred Keter....Arrested again!!!!!
Rank: Veteran Joined: 4/1/2009 Posts: 1,883
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Impunity wrote:2012 wrote:Impunity wrote:For stealing or trading in forged treasury bills. How is this even pissible? I think T bills are virtual papers owned by the government,how can one steal them?  It makes a lot of sense to me. In fact I'm sure some people high up there have pulled it off before, all you need is a highly placed insider. This Keter was either betrayed or is being set up. This should be the easiest robbery as it's hard for the common Kenyan to decipher. How can it be done with an insider? Then how do you hawk/auction It in the market? it seems there has been a loophole when they moved to the 'digital' system. when the transfer was done it is possible that some records were conveniently 'lost'. so for example there would be no evidence of payments being made for the bonds by the treasury. that would be the insider connection. in this case it is claimed that the bonds issued in 1990s were never redeemed because the ceo was apparently too busy moving in and out of the country to follow up on a measly 600m+ and there are 'no records' to show treasury paying for them. desai seems to be very particular in asking for evidence of the payment. now imagine how many may have been processed like that.
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Rank: Veteran Joined: 3/27/2009 Posts: 1,437
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mkenyan wrote:Impunity wrote:2012 wrote:Impunity wrote:For stealing or trading in forged treasury bills. How is this even pissible? I think T bills are virtual papers owned by the government,how can one steal them? It makes a lot of sense to me. In fact I'm sure some people high up there have pulled it off before, all you need is a highly placed insider. This Keter was either betrayed or is being set up. This should be the easiest robbery as it's hard for the common Kenyan to decipher. How can it be done with an insider? Then how do you hawk/auction It in the market? it seems there has been a loophole when they moved to the 'digital' system. when the transfer was done it is possible that some records were conveniently 'lost'. so for example there would be no evidence of payments being made for the bonds by the treasury. that would be the insider connection. in this case it is claimed that the bonds issued in 1990s were never redeemed because the ceo was apparently too busy moving in and out of the country to follow up on a measly 600m+ and there are 'no records' to show treasury paying for them. desai seems to be very particular in asking for evidence of the payment. now imagine how many may have been processed like that. You ask for it with gusto when you are almost certain it can not be found or you know where it is buried!
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Rank: Veteran Joined: 4/1/2009 Posts: 1,883
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Iganamagana wrote:mkenyan wrote:Impunity wrote:2012 wrote:Impunity wrote:For stealing or trading in forged treasury bills. How is this even pissible? I think T bills are virtual papers owned by the government,how can one steal them? It makes a lot of sense to me. In fact I'm sure some people high up there have pulled it off before, all you need is a highly placed insider. This Keter was either betrayed or is being set up. This should be the easiest robbery as it's hard for the common Kenyan to decipher. How can it be done with an insider? Then how do you hawk/auction It in the market? it seems there has been a loophole when they moved to the 'digital' system. when the transfer was done it is possible that some records were conveniently 'lost'. so for example there would be no evidence of payments being made for the bonds by the treasury. that would be the insider connection. in this case it is claimed that the bonds issued in 1990s were never redeemed because the ceo was apparently too busy moving in and out of the country to follow up on a measly 600m+ and there are 'no records' to show treasury paying for them. desai seems to be very particular in asking for evidence of the payment. now imagine how many may have been processed like that. You ask for it with gusto when you are almost certain it can not be found or you know where it is buried! indeed
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Rank: Elder Joined: 2/7/2007 Posts: 921
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Njunge wrote:OUT!!!!!! Poor boy! Anacheza na Sirkal  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 7/10/2008 Posts: 9,131 Location: Kanjo
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Angelica _ann wrote:Njunge wrote:OUT!!!!!! Poor boy! Anacheza na Sirkal  shot himself on the foot. Yeye kwisha! i.am.back!!!!
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Alfred Keter....Arrested again!!!!!
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