Home > BUSINESS > Cheques worth kshs 96 million written for Safaricom shares are fraudulent

Cheques worth kshs 96 million written for Safaricom shares are fraudulent

May 20, 2008  
Written by kenyanobserver, in BUSINESS

1 Comment

Fraudulent cheques include some from stock brokerage companies

Business Daily newspaper is reporting that a huge amount of checks written to purchase shares in Safaricom are fraudulent.Receiving banks have written a letter to the Kenya Bankers Association seeking direction on how to proceed with this issue.Full Story – Business Daily

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Tags: check, cheque, fraud, safaricom

One Response to “Cheques worth kshs 96 million written for Safaricom shares are fraudulent”

  1. Lala Land says:
    May 22, 2008 at 3:28 pm

    Listen, this is one of the most corrupt countries in the world. What do you expect?

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