Elders, is there a way of finding out if my sole proprietorship business has an account with all the banks in Kenya except the one that I opened?
Context: My sole proprietorship limited company does supplies for an organization that requires a bank account for payment.
I have an associate who normally sources and supplies sources the tenders where he have friends in the inside. We have been supplying items for close to three years but the associate brings cash which tunagawana profits.
I have never shared the business bank account to the company we supply to but we do get paid.
Am wondering whether they might have opened an account without my consent (perhaps in collusion with rogue bank employees) where they wire the money(probably excess) and withdraw.
Engaging you is killing my brain cells kwa sababu hukusoma sana kama mimi but wacha tuu nikusaidie. There is no way anyone will open an account in the company’s name without:-
[ol]
[li]A letter on the company’s letter head authorising the bank to open one,[/li][li]PIN and certificate of registration of the company,[/li][li]PIN and ID of the director(s) and authorized signatories.[/li][/ol]
Most importantly, the director, in your case, yourself, has to physically be present before a bank official to sign the KYC documents. Where a bank opened an account in breach of the above, hio ni shauti yao sio yako.
So hizo fears zako ni za kishenzi, kipuzi, kitoto na zinaambatana na MTU alisomea shule za bweni zilizoko kwenye mitaa ya mabanda kama mukuru, kayole, mathare na kadhalika. More so, they are indicative of someone who attended a university based along Thika Road, if he attended one, and studied a stupid degree like wildlife or range management.
Happy and lovely Sunday.
How did you get the partnership with an undisclosed bank account? Suppose your partner did open an account attatched to a partnership…how the fcuk did he dodge the question “where is mr J.Blackman’s signature ?”
What sort of shït companies do you deal with that interact in cash ama munasupply grenades to zoomalia? Hapa ndo unadinywa,many companies’ procurists do under the table cash deals . Hakuna account ingine
The partner is not in the papers, am the sole owner. Let us say an associate. The associate gets the tenders which i fill and I issue the invoices and delivery notes. The partner receives the cash after about a month. We do buy the goods to be supplied together.
Join the dots. Requires a bank account but pays cash?
Hapa so long as you are happy with your cut wachana nao. If one day shit hits the fan, wewe ndio sole proprietor, you can always say pesa haikuingia kwa designated bank account. Ufuatilie from there.
Kwa hii biashara, wewe ndio junior partner, wacha kufuatilia mwenzako, analeta tender na ana part finance hio tender.
If you must know, tafuta contact CBK ama tafuta junior accountant kwa hio firm ya tender, atakuambia vile wanalipa. Kama ni cheque in your firms name, as per the invoice, utajua but are your prepared to possibly loose the business by confronting your partner?
By the way if there was no danger of being found floating in River Yala, I could easily claim that the company has never received any payment for supplies done.
Unashuku unaibiwa. Wait until KRA comes for your azz.