Rank: Elder Joined: 7/10/2008 Posts: 9,131 Location: Kanjo
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Insurgent wrote:TWO former directors of Cooper Motors have "illegal offshore accounts" containing hundreds of millions of shillings in Jersey, according to new Group CEO Bill Lay. "Details of these accounts were kept secret from other directors. One of the accounts has a balance of over Sh240 million. Management is also investigating two additional offshore accounts with substantial transaction activity. Management continues to work on ways to repatriate these funds for the benefit of CMC shareholders," Lay told a press conference yesterday. This is one thing I never understand. No matter how educated a looter is, they always stash the cash offshore. For the country's sake, if you have to loot, please keep the cash in our economy!!! At least when you die, the loot will remain here and not get 'frozen' while those countries you hide it steal it from us (tax payers) (I do condemn looting btw) i.am.back!!!!
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