Skip to main content

How firm started by slain Jacob Juma was used to loot maize millions at the NCPB




A poisoned chalice orchestrated by slain businessman Jacob Juma has come back to haunt his business associates in a Sh297 million scandal.
The company is said to have won a tender to supply 40,000 metric tonnes of white maize after the government advertised for the supply of 180,000 metric tonnes to ameliorate the resulting hunger in August 2004.
The company was obliged to ship the maize to the port of Mombasa within four weeks from August 26, 2004 when the deal was signed.
The defence argued that it was Jacob Juma who wrote to NCPB on October 8, 2008 informing them that they were being pursued on storage charges, adding that the arbitration award was paid to Erad’s lawyers.
Out of the Sh278 million,Grace Wakhungu got Sh40 million, Walukhe Sh50 million, while Juma who played a major role in the deal is said to have pocketed more than Sh100 million.
Out of the Sh40 million, she paid some creditors - Brian Yongo (Sh7.5 million and Sundip (Sh6 million).
Erad, that won Sh577 million as compensation for damages suffered, was paid Sh321 million in 2016 as the remaining Sh264 million was put on hold for the Court of Appeal to hear and determine an appeal by the board. The money was paid through garnishee proceedings.
Few months later, Juma was shot dead while driving past Lenana School.
The company and its remaining two co-directors’ tribulations started when the Ethics and Anti-Corruption Commission (EACC), now led by Twalib Mbarak, came knocking on the grounds that the invoice used for payment was fraudulent.

Comments

Popular posts from this blog

Take care of yourself__"The first wealth is health".

By Strive Masiyiwa  A few weeks ago I went to the doctor. I will tell you what he said about my health at the end, but first read this: Twenty years ago, I arranged to meet a well-known British international businessman who invested a lot in Africa at the time. We agreed to meet for dinner at a leading hotel in London.  After a good meeting, we started to walk out of the restaurant when he suddenly collapsed in the lobby. There was total pandemonium as they rushed to get medical assistance. Being London, an ambulance arrived in minutes. I jumped in the back with him as paramedics wrestled to keep him alive. He had had a heart attack and had to have triple bypass heart surgery. Sadly he died a few weeks later. He hadn't been sick and his sudden death surprised everyone. And yet as I reflected on it, and later discussed it with a doctor friend who knew him, I realized he was very laid back about his health despite having a hectic business life. Even during our dinner...

The 4 Focuses of History-Makers

kenyabittertruth has given you 200 MB Data. To claim click here https://refer.airtel.africa/KE/F7VT3NZG and download the MyAirtel App using this code: F7VT3NZG “The life given us, by nature is short, but the memory of a well-spent life is eternal.” —Cicero The sunrise was dazzling as the entrepreneur and the artist walked hand-in-hand along the seashore to meet the billionaire at the designated meeting spot for the next morning’s mentoring class. Mr. Riley was already there when they arrived, sitting on the sand, eyes closed in a deep meditation. He was shirtless, wearing camouflage-patterned shorts similar to the ones The Spellbinder styled the day he appeared on the beach and a pair of rubber diving booties with smiley face emojis scattered over them. You would have been more than amused if you saw him in them. An assistant rushed out of the billionaire’s home the instant he raised a hand toward the heavens, displaying the universal victory sign. Three crisp pages of paper were effic...

THE CROWN YOU CARRY: A Letter to My LOVELY Daughter FROM THE HEART OF A MOTHER

My Dearest Daughter, As the sun rises over the hills of Limuru, casting golden rays upon the dew-kissed tea leaves, my heart swells with pride, hope, and the wisdom only a mother can carry. You, my beautiful girl, are in school, and while the world sees a student in uniform, I see a queen in the making. I see the grace of your grandmother, the fire of your ancestors, and the promise of a bright African dawn glowing in your eyes. This Easter, God granted me the sweet joy of bonding with you—not just as a mother—but as a woman who has walked a little further on this winding road of life. You may not know it yet, but in those laughter-filled mornings and quiet evening chats, a legacy was passed on: not of gold or silver, but of values, vision, and virtue. Let me speak to your soul now, daughter of mine. Listen with your spirit. In this life, my sweet child, “a child who does not listen to the mother’s advice will sleep with the flies” — a Ghanaian proverb as old as wisdom itself. The worl...