Dismiss Notice
You are browsing this site as a guest. It takes 2 minutes to CREATE AN ACCOUNT and less than 1 minute to LOGIN

Kweli ilikuwa ni VIJISENTI (1 ml USD)

Discussion in 'Jukwaa la Siasa' started by Kibanga Ampiga Mkoloni, Jun 21, 2012.

  1. Kibanga Ampiga Mkoloni

    Kibanga Ampiga Mkoloni JF-Expert Member

    #1
    Jun 21, 2012
    Joined: Aug 9, 2007
    Messages: 12,399
    Likes Received: 226
    Trophy Points: 160
    Wadau kumbe wapo karibia 180 wenye 1 Milion USD huko USwiss.


    Kenyans have stashed away a staggering Sh72 billion (818 million swiss francs) in Swiss Banks according to a new report by Swiss National Bank (SNB)-the Central Bank of Switzerland.




    Kenya is among several countries in Africa with hidden wealth in Switzerland.


    The report shows that other countries whose nationals have stashed away wealth in Switzerland in billions of Swiss francs include, Tanzania (183m), [Sh15b]), Uganda (154m [Sh13.4b]), Egypt 798m [Sh69.5b], South Africa (795m [Sh69.3b]) and Seychelles (2,515m [Sh219.2b]), Zimbabwe (96m [Sh8.3b]), Senegal (150m [Sh13b]), Rwanda (29m [Sh2.5b]), Sierra Leone (29m [Sh2.5b]), Somalia (1m [Sh87m]) and Sudan (179m Sh15.6b]).


    These figures, described by SNB as “liabilities of swiss banks towards clients from different countries’ do not necessarily project the much-talked about black money held by Kenyans in the safe havens of Switzerland.

    SNB figures do not include money that Kenya individuals might have in other’s names or are managed by wealth funds.

    “The total overseas funds in Switzerland’s banking system stood at 1.53 trillion Swiss francs,” the report adds.

    At the same time, global pressure has been rising on Switzerland to ask its banks to share information about their clients with foreign governments.

    It is suspected that Kenyans having illicit wealth in Swiss banks may be moving their funds for fear of being exposed due to growing scrutiny.


    Kenya is suspected to have lost more than Sh100 billion through the Goldenberg foreign exchange scheme and Anglo Leasing security contracts scandals.

    Most of the billions stashed away in foreign accounts by influential businessmen and powerful politicians are suspected to be proceeds of defence and security related contracts and payments of fake debts.

    In February, an official at the Attorney-General’s office said the government finally secured a mutual legal assistance agreement with Switzerland reviving hopes of fresh investigations into the Anglo-Leasing scandal.

    Since then investigations had been revived into the scandal that has claimed the careers of several politicians and senior public servants and led to a period in exile for former whistle-blowing Ethics and Governance permanent secretary John Githongo.

    After taking over as AG last August, Prof Githu Muigai sent a request to Swiss authorities seeking assistance to track down individuals and companies involved.

    Former AG Amos Wako and successive heads of the Kenya Anti-Corruption Commission had reported abortive attempts to secure the help of Swiss authorities in cracking Anglo-Leasing cases under the Mutual Legal Assistance scheme.

    The Swiss Government, however, insisted on proof that the officers who were sending requests had the legal authority.

    Investigations into one of the major scandals in the country extended to five foreign countries — Switzerland, Britain, France, Germany and the United States.

    Former permanent secretaries Joseph Magari (Treasury) and Silvester Mwaliko (Home Affairs) lost their jobs in the civil service because of the scandal. Their cases are still in court.

    Energy minister Kiraitu Murungi and former Finance minister David Mwiraria were suspended from office as they were investigated over claims by Mr Githongo that they either tried to cover up or were involved in the Anglo-Leasing scandal. They were later cleared of any wrongdoing.
     
Loading...