How chase bank was robbed

CHASE BANK LIMITED (IN RECEIVERSHIP)……………………………………….…….PLAINTIFF

VERSUS

ZAFRULLAH KHAN……………………………………………….…………………………1 ST DEFENDANT

DUNCAN KABUI…………………………………………………………………………….2 ND DEFENDANT

MAKARIOSAGUMBI……………………………………………………….…………….…3 RD DEFENDANT

JAMES MWAURA………………………………………………………………………….….4 TH DEFENDANT

RIVERSIDE MEWS INVESTMENTS LIMITED…………………………………….5 TH DEFENDANT

RINASCIMENTO GLOBAL LIMITED…………………………………….………….6 TH DEFENDANT

GENGHIS CAPITAL LIMITED…7 TH DEFENDANT

KEN OBIMBO……………………………………………………………….………………….8 TH DEFENDANT

DANIEL MAVINDU…9 TH DEFENDANT

ALI CHEEMA…………………………………………………………………………………10 TH DEFENDANT

RINASCIMENTO PROPERTIES LIMITED………….……………………………11 TH DEFENDANT

NINE FIFTY LIMITED………………………………………….…………………………12 TH DEFENDANT

RIVERSIDE MEWS LIMITED……………………………………….…………………13 TH DEFENDANT

MATHATANI LIMITED…………………………………………….……………………14 TH DEFENDANT

THE LIGHTHOUSE PROPERTY COMPANY LIMITED………………….15 TH DEFENDANT

BOULEVARD PROPERTIES LIMITED………………………….…………………16 TH DEFENDANT

FRIENDS PROPERTY HOLDINGS LIMITED……………….……………………17 TH DEFENDANT

SEVEN FORTY INVESTMENTS LIMITED………………….………….…………18 TH DEFENDANT

ANTHONY F GROSS………………………………………………………………………19 TH DEFENDANT

RUTH MUTHONI………………………………………………………………………….20 TH DEFENDANT

Interesting find:

Further Sema Project was a joint venture for the development of a Mobile Virtual Network Operator (“MVNO”) project by Sema Mobile Services Ltd a company whose directors included as the 1 st and 2 nd Defendants

The Plaintiff states an amount of KES 54,000,000 was transferred from the CBK Settlement account to the Sema Mobile Services Ltd account as confirmed by an extract of Sema’s bank statement shown in table 8 below. Table 8

The Plaintiff has established from information obtained from Mr. Stephen Karumbi, Plaintiff’s Senior Manager-Strategy (“Mr. Karumbi”), that Sema Mobile Services Ltd (“Sema”) is a joint venture between Mobile Decisioning Holdings Ltd (“MODE”) and, the 1 st and 2 nd Defendants. The project was established for the development of a MVNO banking solution. The MVNO license was originally issued to Zion Cell Ltd owned by MODE before the company changed its name to Sema Mobile Services under the joint ownership of the 1 st and 2 nd Defendants.

According to the background information search results, obtained by the Plaintiff, Sema Mobile Services Ltd is jointly owned by MODE with 5,000 shares (50%) and Quadco Two Hundred and Seventy Two Ltd with 5,000 shares (50%). The 1 st and 2 nd Defendants are also reflected as directors.

1 Billion bonus sisemi kitu

The Plaintiff states that on 14 th May 2015, its board authorized a performance based bonus payment of KES 1,052,000,000 to the 1 st Defendant, payable over a five-year period in equal installments. Despite the resolution that the same be paid over a period of five years, the payments were made over a period of one and a half (1 1/2) months as summarized in the table 9 below

Best bank right now … I have a Chase Iman account with them that i opened 2 months ago

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https://citizentv.co.ke/business/kdic-goes-after-chase-bank-fraud-masterminds-163454/

This is just crazy

http://www.the-star.co.ke/news/2017/04/13/chase-bank-bought-ferrari-and-6m-dubai-flat-for-chairman_c1542091

Bandit economy

Arap Singh Mashamba is buying chase bank very soon.

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How many times can a bank collapse?

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Waah, system ya majambazi!

Woi Muthoni

My prediction.This people will all go free. The case will drag on for 15 years.

shit!! Iv seen names of people i know there :open_mouth:

This is as much of a prediction as saying tomorrow the sun will rise in the east and set on the west.

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Everybody now knows them…soo…tuko pamoja hapo

hii ni pesa kidogo. mtu achambue goldenberg