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The country ranks 56 among 190 economies globally on World Bank's Ease of Doing Business Index 2019. The public procurement sector in Kenya suffers widespread corruption and is the leading form of graft in the public service and always at the centre of all major corruption scandals.
The Euro Bank Scandal is a scandal that in February 2003, caused a political storm in Kenya after the collapse of Nairobi Based Euro Bank. [1] This resulted in a loss of 1.4bn Kenyan shillings (£11.6m; $18m) which state organisations had deposited in the Bank.
Bank robbery is commonly associated with the American Old West due to a few infamous examples and portrayal in fiction. The Foundation for Economic Education (FEE) in their research, found the scene of the Western bank-robbery to be generally a myth, identifying less than 10 definite bank robberies between 1859 and 1900 across 15 frontier states.
The World Bank began financing the Kenya Forest Service’s Natural Resources Management Project in 2007. It promised to cover $68.5 million of the project’s $78 million budget in an effort to help the KFS “improve the livelihoods of communities participating in the co-management of water and forests.”.
Perpetrators. Jan-Erik Olsson and Clark Olofsson. The Norrmalmstorg robbery was a bank robbery and hostage crisis that occurred at the Norrmalmstorg Square in Stockholm, Sweden, in August 1973 and was the first crime in Sweden to be covered by live television. It is best known as the origin of the term Stockholm syndrome.
Five people were killed on Sunday when armed assailants attacked two villages in Lamu county in southeast Kenya, police said. Police described the incident as a "terrorist attack", a phrase they ...
www .standardmedia .co .ke. The Standard is one of the largest newspapers in Kenya with a 48% market share. It is the oldest newspaper in the country and is owned by The Standard Group, which also runs the Kenya Television Network (KTN), Radio Maisha, The Nairobian (a weekly tabloid), KTN News and Standard Digital which is its online platform.
Crime in Kenya. There is a high crime rate in all regions of Kenya. Petty offences are the most common crime with stealing being the most reported crime. Robbery and theft are among the least cited criminal offences. Crime in Kenya is as low as in countries like Tunisia with a rating of 3.46 crimes per 100,000 people.