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Now Pattni wants plea bargain in Goldenberg Scam

Discussion in 'International Forum' started by AK-47, Jan 26, 2011.

  1. AK-47

    AK-47 JF-Expert Member

    Jan 26, 2011
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    Attorney General Amos Wako now wants the Central Bank of Kenya (CBK) to enter into a plea bargain process with businessman Kamlesh Pattni over the Goldenberg scandal.

    Pattni who is the prime suspect in the scandal in which the government lost billions of shillings through dubious transactions wants the deal sealed so as to have the charges against him dropped or substituted.

    The Attorney General through state counsel James Warui told the court that he has requested that CBK, the complainant in the case together with the investigating officer be involved in the process.

    In law, a plea bargain also known as plea agreement is an agreement in a criminal case whereby the prosecutor offers the accused the opportunity to plead guilty, usually to a lesser charge or to the original criminal charge with a recommendation of a lighter than the maximum sentence.

    Goldenberg was a political scandal in which the accused persons are alleged to have subsidized exports of gold far beyond standard arrangements during the 1990s, by paying the company Goldenberg International 35% more than their foreign currency earnings.

    On Monday, Joshua Kulei, a former aide to retired president Daniel Moi told the court that he had written to the Attorney General asking for talks on how to settle the charges out of court.

    Kulei was accused of stealing Ksh 58.7 million from Kenya Pipeline Company in 2001.

    It is worth noting that the plea bargain procedure can conclude a criminal case without a trial.

    In 1990, hoping to persuade exporters to repatriate their hard currency earnings, the government promised a 20-percent premium on foreign currency deposited in Kenya's Central Bank.

    In the Goldenberg scandal, exporters deposited US dollar earnings from export of goods in the central bank, and in turn received the equivalent in Kenyan shillings plus 20 percent.

    It is claimed that at the height of the scandal Kenyan businessmen smuggled gold from Congo into Kenya, then legally exported it and claimed 35% above the export price from the Kenyan government. The Kenya Central Bank lost a substantial amount of money from cheque kiting.

    The project chief architect was a relative of Pattni but it was Pattni who in fact started a company named Goldenberg International to implement the scam resulting in PATTNI Kamlesh Manusuklal Damji being the centre of the scandal.

    The scandal started in 1991 and seems to have stopped in 1993, bringing aboard many top government officials of the then Moi regime.
  2. Roulette

    Roulette JF-Expert Member

    Jan 26, 2011
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    This reminds me of a certain electricity contract in TZ...
  3. Masikini_Jeuri

    Masikini_Jeuri JF-Expert Member

    Jan 26, 2011
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    MMH Africa.................tumelaaniwa?