25.6 C
Kenya
Thursday, August 22, 2019
  • NEWS

Top media manager goes into hiding over Sh. 122 million scandal

Must Read

Kendi Kimathi: I make Sh. 60,000 from selling uji

Uji Business in Kenya: BY WANGARI KAMANGA: After a long day at a call centre, Kendi Kimathi, could not...

Co-op Bank posts Sh. 7.5 billion net profit in six months

Co-op Bank Half Year 2019 Results: The Co-operative Bank Group has announced a half year profit after tax of...

Safaricom Sustain Close To A Million Jobs In One Year

Safaricom (NSE: SCOM) has recorded a nine per cent increase in the number of jobs sustained in the last financial...

A top media manager has gone into hiding over a multi-million scandal, emerging reports say. The media manager who works for the Radio Africa Group is reported to have gone into hiding for fear of being arrested over the Sh. 122 million scandal at the Government Advertising Agency (GAA).

A report that appears in a local media news site known as Business Today says that top managers at Radio Africa are claimed to be behind a fake company that received part of the looted millions.

“Evidence shows that a company variously known as The Star Publication, Star Publications and Star Publications Ltd received about Sh. 21 million between November 2017 and June this year,” the report says.

The report also says that Radio Africa’s newspaper known as The Star has been facing financial difficulties, with proposals to shut it down having been previously tabled.

“The scandal has seen Lugari MP Ayub Savula, his two wives,Melody Ringera and Hellen Kemboi, former ICT Permanent Secretary Sammy Itemere, former head of the GAA Dennis Chebitwey and administrative secretary Dickson Nyandinga charged in court,” the report says. “Others are the GAA Chief Media Buyer Susan Akinyi and another official Tabitha Nyaboke. They all denied the charges and were released on bond.”

It explains that Savula is the director of the seven firms that were also charged with the same offenses including the The Sunday Publication Ltd, which received Sh. 28 million.

“However,The Sunday Publishers, which produces the Sunday Express, says it has no links with The Sunday Publications Ltd. Liaison Media which in other entries is shown as Liaison Media Nairobi, received Sh. 2 million. Xtra publishing Ltd, which received Sh. 5 million, is listed as Xtra Publishers Ltd in some schedules,” the report says.

The report, though, did not reveal the identity of the top manager. Subsequently, Bizna Kenya could not verify the authenticity of this report.

- Advertisement -

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

Co-op Bank posts Sh. 7.5 billion net profit in six months

Co-op Bank Half Year 2019 Results: The Co-operative Bank Group has announced a half year profit after tax of...

Co-op Bank posts Sh. 7.5 billion net profit in six months

Co-op Bank Half Year 2019 Results: The Co-operative Bank Group has announced a half year profit after tax of Sh. 7.5 billion. This is...

Safaricom Sustain Close To A Million Jobs In One Year

Safaricom (NSE: SCOM) has recorded a nine per cent increase in the number of jobs sustained in the last financial year, both directly and indirectly,...

Keroche’s Tabitha Karanja to be arrested over Sh. 14.4 billion tax evasion

Director of Public Prosecutions, Noordin Haji, has ordered the arrest of Keroche Breweries owner Tabitha Karanja and her husband for alleged tax evasion. According to...

Equity Bank Diaspora Remittances Hit Kshs67 Billion During The First Half Of 2019

Equity Bank’s share of diaspora inflows grew by 28% during the first half of the year to Kshs66.6 billion from Kshs52.2 billion. The Bank received...

More Articles Like This

- Advertisement -
%d bloggers like this: