June 12, 2009

Mamia walizwa na DECI kwa Mzee Madiba

  • At least 200 investors involved
  • Purchase orders for AIDS drugs allegedly faked
  • *Could be S.Africa's biggest corporate fraud
  • Investors from U.S., Australia, Germany, S.Africa
JOHANNESBURG, June 11, Hundreds of investors have lost money in what could be South Africa's biggest corporate fraud, worth up to 10 billion rand ($1.24 billion), a private investigator and lawyer said on Thursday.
The fraud was spearheaded by Barry Tannenbaum, the South African son of one of the founders of pharmaceuticals firm Adcock Ingram, and is still unravelling, they said.
Investigator Specialised Services Group (SSG), hired by investors to look into Tannenbaum, said he persuaded investors to plough money into a pharmaceutical ingredient import business and faked purchase orders from firms including Africa's biggest generic drug maker, Aspen.
Products included ingredients for life-prolonging anti-retroviral AIDS drugs, and Tannenbaum offered annual returns of up to 200 percent, said SSG, which published documents and emails related to the scheme on its website.

Ali Mufuruki ahojiwa na Business Week

Infotech's Mufuruki on African Entrepreneurship

Silicon Valley entrepreneurs may think they have it rough. But their biggest difficulties, even during a downturn, are trifles compared with the challenges faced by Ali A. Mufuruki when he launched an info-tech services business in his native Tanzania in 1989. The country was still in the grip of socialism and computers were officially banned.

Viongozi DECI waburuzwa mahakamani.

Viongozi wa DECI Arbogast Kipilimba, Jackson Mtares, Samwel Mtares,Dominick Kigedi na Timotheo Saiguran ole Loiting’ye, wamefikishwa katika Mahakama ya Hakimu Mkazi Kisutu, wakikabiliwa na mashtaka mawili ya uendeshaji wa mradi wa upatu.

BAJETI HIZI ZIMEANDIKWA NA MMOJA??

Tanzania's Mustafa Mkulo na hapa pia Uganda's Syda Bbumba Rwanda's James Musoni Kenya's Uhuru Kenyata Uganda tena
Kuna mdau kaniuliza kama bajeti zetu zilizo somwa jana eti ni COPY and PASTE??
Anadai kuwa vitu vingi ktk bajeti za nchi hizi nne vinarandana sana kiasi cha kuzani labda walitazamiana au walipigiana chabo wakti wa kuandaa au pengine ndo EAC yenyewe inavyotakiwa iwe??
Mi sina jibu la maswali ya mdau huyu hivyo nalileta kwenu tusaidiane kutafuta majibu.
Naomba kutoa hoja.

Arts n' Photo sildes

"SILENT VOICES" PHOTO EXHIBITION

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Some of published work

RIGHT TO BE RICH

RIGHT TO BE RICH
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