President Uhuru Kenyatta and six of his family members are said to have links to about a dozen offshore companies, a huge leak of financial papers named Pandora Papers revealed.
According to the Pandora Papers, the Head of State and his immediate family have secretly stored huge sums of money outside the country.
A company with stocks and bonds worth about Sh3.2 billion is part of said investments.
An investigation by the International Consortium of Investigative Journalists (ICIJ), Finance Uncovered, Finance Uncovered, Africa Uncensored and other news organizations concertedly discovered the information from the archives of 14 law firms and service providers in Panama and the British Virgin Islands (BVI) and other tax havens.
The President’s 88-year old mother Mama Ngina Kenyatta is one of those mentioned.
The Kenyatta family is known to be among the richest in the country and Africa, with vast interests in farming, dairy, real estate, banking, and media.
President Uhuru Kenyatta has consistently asserted that his family’s wealth can be accounted for despite media reports linking some of the wealth to questionable dealings with the government.
Other leaders such as The King of Jordan Abdullah II, former UK Prime Minister Tony Blair, Gabon’s President Ali Bongo Ondimba and President of Congo-Brazzaville Denis Sassou-Nguesso were also mentioned in the Pandora Papers.
No comments:
Post a Comment