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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.
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.
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.
April 29, 2024 at 5:01 PM. [Reuters] About 50 people have died in Kenya in a deluge following heavy rains and flooding, a Red Cross official has said. People in villages near Mai Mahiu, about 60km ...
NAIROBI (Reuters) -Floods and landslides across Kenya have killed 181 people since March, with hundreds of thousands forced to leave their homes, the government and Red Cross said on Wednesday, as ...
Lee Brahim Murray-Lamrani (born 12 November 1977) is an English-Moroccan mixed martial arts fighter and convicted bank robber. In 2005, his MMA career was cut short after he was stabbed multiple times outside a Mayfair nightclub. [1] He was arrested in Rabat, Morocco, in June 2006 and sentenced to 10 years in prison in June 2010, for ...
April 18, 2024 at 11:01 AM. NAIROBI (Reuters) -Kenya's military chief, General Francis Ogolla, was among 10 people killed when their military helicopter crashed shortly after take-off on Thursday ...
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.