How did they execute money laundering after the closure of Charterhouse?

So nakumatt had zero assets. The stores were leased, even the shelves, check out POS machines etc were also leased, and the stock belonged to the suppliers.

You are right.

It was clear from the beginning.

It is still happening with Naivas, and the Quickmarts.

These retails so called giants have the same game plan.

Get inventory. Promote the inventory. Pay after 180 days for the inventory. Don't buy property. Lease property using the name "anchor" tenant.

This game has a law in other countries...Not in Kenya.


Invoice laws should be very simple. 30 days from invoice. I think that's the law at least in the US and the UK it's 15 days.

But in Kenya it's when the retail so called giant decides.

Instead of Itumbi getting teargassed and Didi Nyoro quoting Africa and Uhuru getting high and Raila becoming an AU shit, we need laws .

Laws to protect small businesses from these thieves.

15 days from invoice to payment is perfect.

I promise and mark this post.

Naivas will do the same

As long as KRA is insisting on under 400k tax, then their needs to be a way for supliers to be protected from these people.

But heck no.

Kumira kumira. BBI. etc

Nonsence!!!!!

Luwere.

Dear @AmanaCapitalKE
, my investment in your unit trust was reduced by over 30% on account of @Nakumatt.Given the above, can I assume that my investment has gone down the drain?