MinBane

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Archive for the tag “Tax Haven”

Opinion: Is Collymore the only person who can run Safaricom?

That Bob Collymore has no returned to Safaricom is a sign of the state of affairs, the man whose through 2016 got the dirty laundry in the streets for everyone to see. That Safaricom and Vodaphone takes him back. Shows that the company is so big, it doesn’t care about public perception or their ordeal of the last two years. As they can get scratch free from the dirt and thinks people forget. Collymore is a shady character and runs a dirty business. However, it is profitable, that is why the leadership above him keeps him. They want the easy money and wants to run the market of telecom’s in Kenya. That is what Safaricom does so well.

That Collymore was directly involved in the General Elections, that his misuse of the company within the Results Transmissions, that doesn’t matter now. That the Safaricom used their backbone to support the Jubilee, by canceling and stopping the M-Pesa Paybill to the National Super Alliance (NASA). Shows the lack of tolerance and their political stance. They did that with passion, while fixing and making sure the fraud of an election went through with their back-channels with the Independent Electoral and Boundaries Commission, also with Cambridge Analytica and whatever else that was needed to secure the results into the famous undisclosed server. Collymore did this and fixed that with IEBC, while stopping the cash-flow to NASA. A clear indication of his works. That was the year after the damaging internal report from KPMG.

The KPMG agreement showed how the Safaricom misused their place, their tenders and the procurement of installations of 4G, M-Pesa software and direct dealing with third-parties. This was done in a fashion where the leadership was eating of the top and putting the bills on the consumers. At a rate that was insane. That the 18th February 2016 KPMG Report should mean the end of a career for a leader and CEO like Collymore. But Vodaphone doesn’t give a rats ass. They don’t care as long as their profits are souring in Kenya. They are oblivious and nurturing their pockets, nothing else matters. Even if they are within the pockets of cartels, election-rigging and midst of public outrage. As long as the pockets are filled with shillings, they don’t mind. They can still be proud-cock and be chiefs.

That Safaricom paid of the local-media houses with ad-revenue, that they used their place to keep themselves on top. That doesn’t matter, because the results are blindly positive, even if everyone know knows that the company is run like the mafia. Controlling everything it can, not only selling Mobil-Data, Mobile-Money and Communications, but they are also a FinTech company that has the information on the public that other doesn’t. Who knows how they are using that and misusing that to gain even more profits. When Facebook does it? Why shouldn’t Safaricom too?

That Collymore should be gone, that is the reality, there should be someone who could muster trust and show that its a decent company, not a pillar of power in Kenyan Politics. Which it has become and where it muster all capabilities with the funds to slash stories in the media and also to be directly involved in Results Transmission during the General Elections. Therefore, the importance of the company is beyond communications between the citizens and their data. But also the perception of the trust between them.

Collymore is now the epitome of what is wrong with businesses in Kenya. He is the significant prospect of someone who misuses his position for monetary gain. Instead of being there for just simple services and leave the office in the night. He has directed the company in the midst of public space, making sure his stories are portrayed and cleaning the dirt of his hands. Even if it doesn’t go off, it won’t, not this way.

So Vodaphone, I have one important question:

Where the no-one else on planet earth that have the capabilities to run Safaricom?

Seemingly there should be, but your still behind the man that are really involved in shady deals for you. Taking the dirt and eating it, so that the stakeholders can eat the profits without any questionable

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FinTech Companies in Kenya: Are now evading the personal space of costumers to provide them services!

Today, I will write about how international businesses are using their power and their markets strategy, while people are giving up their private communications and other vital information for simple transactions between family and friends, also when borrowing micro-credit or buying solar-cells through credit. This is all based on the Privacy International recently released report and the quotes are taken from there. It shows vital information taken from citizens who uses apps and financial services in their daily lives. Clearly, they have accessed certain freedoms for the trade with these Kenyans. The business transactions and the trade is not only making direct profits for the corporations allowing direct transactions, but also delivering services like payday loans and buying equipment. Still, it has a special price and they have to sign-up to give away certain aspects of their lives to gain this. That is what is interesting because it says something of how much of the personal space these corporations are getting from the persons they are profiting from!

The term ‘fintech’ has been defined by PricewaterhouseCoopers (PwC) as: “a dynamic segment at the intersection of the financial services and technology sectors where technology-focused start-ups and new market entrants innovate the products and services currently provided by the traditional financial services industry.” (Privacy International, P: 10, 2017).

Yet a change that has not been much explored is that M-Pesa also produces a vast amount of data for the telco Safaricom. Each of the millions of transactions that take place a year tell a story. They tell the story of how the small business is operating: the money they’re sending to their suppliers, the transactions that are taking place. But it tells other stories as well: the money that comes in and then is sent to the hospital. The school fees paid by the biological father, unknown to anyone except the mother, father and Safaricom. But there is also a way in which this data is known by third parties. The transmission of the content of the money transfers over M-Pesa is encrypted. However, the details of any transactions are sent, unencrypted, by plain SMS. Even if M-Pesa transactions themselves are sent via secure and encrypted means, the account information is not. The messages that someone sends for receiving or sending money include the name of the recipient (from the registration of the SIM), the amount sent, and their current balance. This facilitates the gathering of personal data by apps. The fact that the transactions can be tracked becomes a large part of the power of the lenders, as in the Kenyan example, leaves a trail via the M-Pesa SMS messages for both customer and retailer. As shall be illustrated, this is an aspect of M-Pesa of which fintechs are able to take advantage” (Privacy International, P: 29, 2017).

Tala App:

From the data provided by the app, decisions are made about whether and how people repay their loans. One of the key pieces of data is to analyse the content of SMS messages for the records of M-Pesa payments. These are very valuable records to analyse; for example, if the person seeking a loan has a small business, it is a good measure of the health of the business and the money entering and leaving the business. But, according to Tala, it can also be used to analyse how people are actually using their loans, as frequently the money they receive from Tala will leave someone’s M-Pesa account immediately (for example, to pay school fees or a hospital loan, or an individual). But the analysis of the data by Tala extends beyond this, to make analyses based on data and information that are, at best, unexpected to be used for credit scoring. For example, Tala analyses call logs: their analysis has found that people who make regular calls to family are 4% more likely to repay their loan. To do this analysis, they need to know who your family is: from the content of text messages that call someone “mama”, and the pattern of calls” (Privacy International, P: 30, 2017).

Branch:

One difference from Tala is that Branch also makes use of Facebook for authentication; as discussed below, this is allowed under Facebook’s terms and conditions. Another factor that Branch uses for its decision-making is the behaviour of your friends, and their repayment patterns for Branch loans. How does Branch know who your friends are? They have a refer-a-friend feature (as does Tala), which is one source of this data. But they can also see your Facebook friends, and your call log to know who is contacted regularly” (Privacy International, P: 31, 2017).

M-Kopa:

The data that M-Kopa gathers from the device via the SIM is information like location (using cell data, not GPS), the charge level in the battery, and what devices are plugged in. They will also soon be gathering data on the television programmes watched. This specific data on programming is not data that it is planning on selling, but rather to use to develop its own services in the future. M-Kopa’s website states that, “After completing payments, customers own the product outright.” However, the customer does not own their data. The terms and conditions of a M-Kopa loan make the company’s position on data clear: “M-KOPA shall have absolute and sole ownership of … the data which is obtained by the Customer’s use of the Device.” Customers have no right to even see their own

data, apart from the provisions under Credit Reference Bureau rules. For M-Kopa, it ultimately comes down to a business decision: “If data privacy was important for the Kenyan consumer, we would do it,” states Chad Larson, the Chief Credit Officer at M-Kopa. At the same time, both M-Kopa and its investors have a viewpoint that their use of data is ethical” (Privacy International, P: 32, 2017).

Control over the data:

A significant issue with the fintech companies in Kenya, is that they keep access to the data. They keep the data—and, in some cases analyse it, even if the user has stopped being a customer of theirs, and has deleted their app. Branch is explicit that it keeps the data even after a user uninstalls the app, and admits it is possibly doing further analysis on it, “we have that right.” Tala encourages people, even if they have been rejected for a loan, to keep the app; if they do delete it, Tala retains their data. This is so that, if the customer returns later, they can reinstall the app, go through some simple KYC checks, and be able to borrow again. M-Kopa, on the other hand, continues to collect data from the device even after the loan has been repaid” (Privacy International, P: 33, 2017).

Just as this reveals that Safaricom, the partly owned Vodacom Telecom Business have no trouble through the M-Pesa, the Cellphone Mobile-Money Transactions, that they can hold onto all information between all parts of the transactions. Like how a person send the messages of giving money to friend/family and at what point they picking up the mobile-money. This personal data is all incorporated into their apps, as they provide the services and keeps this fintech data on each of their clients.

As we see with the Tala App, which is also used to get loans. Tala analyses the personal SMS’s from the client to either give or not accept proposals for loans from their services. Tala are looking into the M-Pesa messages given to the client and are scanned by the app. To see if the client can actually be able to repay the debt possible sign-off from Tala. This proves that the Tala App is checking the credit history done with the services of M-Pesa, which is Safaricom/Vodacom. Branch another Fintech app is taking it further, they are also analyzing your behavior and who is your refer-friend on Facebook. They are clearly entitled to the private information of your networks before you get a loan. So they know exactly, who and when you contact friends and family on social media before giving you a loan. It shows how personal and how much information on app can get before you get the services needed from them.

M-Kopa are another one, who is directly saying that all information collected from their costumers are their to own and to use for later costumers. It can also be used after the usage. More of these Apps seems to do so. They are keeping this personal data even after the transactions, the loans and the purchase. This can be used to further get clients and knowledge of when the costumers need it more. So they can get them “addicted” to the services. We have no idea how they store this personal data or who they trade it with after gathering it all.

This should all be scrutinized and questioned, as it breaches with personal space collected with marketing and simple ploy to generate enough information to be able to gain the services from the companies. These companies are vultures of the costumers private space and uses it as leverage for their trade.

It is worrying how far they are taking it and how much personal information they are gathering to give them these services. Peace.

Reference:

Privacy International – ‘Fintech: Privacy and Identity in the New Data-intensive Financial Sector’ (November 2017)

Opinion: The rich are so poor nowadays!

“The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little.”Franklin D. Roosevelt

Well, this time in history will be remembered, in the times that the multi-national corporations have most of them fled their regional scenes and put their headquarters and main operations into tax havens. Therefore, with this in mind, the states and republics that actually is where they make the profits get less tax and get fewer monies to spend on public services. That does not make them poor, but smart someone might say. This is legal and the openness of the economies let them do it, but to be frank, we should question this big giant corporations for their fleeing fortunes abroad.

The corporations are not alone in all of this, the rich people themselves cannot sustained this, they cannot afford to pay reasonable taxes, and they need tax-relief so they can salvage their Monte Carlo and their Lamborghini’s. They have their massive mansions and stalls of cars, but cannot pay the percentages on the tax as ordinary working-class do. In addition, the working-class use decades on end to pay down the mortgage on the house and loan on their Ford Fiesta. If they can even afford a house and a car at his point.

The American enterprise and experience is really seeing it, as they plan to repeal and replace Obamacare, because the wealthy are too broke or to selfish to help the working-class who made them rich. That the working-class and industrial worker are falling behind as new schemes to outrun their possibilities. The corporations and the believers of free economies want more flexibility, but do not give equal wages or compensations. Therefore, the loser in the transactions are the workers and not the companies. Secondly, the states earn less without added productivity.

It is naive that the businesses care about other things than the bottom-line is vicious, like the wealthy have the capacity to share the spoils, which they have earned on the commoners and the citizens. Therefore, the spoils, which in some industries entails sweatshop workers and exports to the Western hemisphere with grand profits for the clothing and appeal giants. Something that the workers in Bangladesh or Pakistan doesn’t see anything delivered back, than a filthy industrial complex and possible health hazards for their hours work on end for a lousy T-shirts.

The others are the ones who are doing mining and extraction for the technology and IT businesses that has no issues with the illegal and militias taking controls over mining fields and black-market trading of rare earth minerals or cobalt for that matter. As long as the giant companies trading computers, smart-phones and whatnot get their profits. Certainly, the CEO and other leaders in the corporations should worry of the implications and the lives destroyed while their businesses are earning loads of monies. There should be some sort of certification of the weak trading points; if they knowingly paid, some of the monies on technology could fund militias and illegal armed conflicts.

This is real poverty, that we have systems, salary structures and imports that hurt local areas, while the businesses earn fortunes, that again is flying on the merry to a tax haven in the pacific through a shell-company set-up by lawyers in Panama. In addition, this is legal and just, by law and in society. That the same companies telling their workers that they cannot afford more wages, since they have to stack millions upon millions in the British Virgin Island. So that the shareholders and stakeholders can earn profits for the toils and sweat of fellow workers.

So when I hear that the workers cannot ask for bigger salaries, while the states and republics create tax-holidays and tax-breaks, incentives for “investments” while the big-men are doling away vast fortunes in the middle of the day. Like a legal heist, a theft of both tax and salary, the salaries that could be used more in the system to gain growth, and secondly the added tax that could build roads and infrastructure that the company could need. However, hey, we do not need proper roads and wages, as long as the rich can travel to Monaco and St. Tropez whenever they feel like it. We are foolish to think otherwise!

When you hear that the rich has to get tax-breaks and their taxes cut, know that they are poor in spirit and heart. They may have vast fortunes and riches, but their hearts are empty. They do not see the problems of the day-to-day basis of the ones creating their empires. They do not see the people who buys their labeled products and services. They only see the bottom-line, the empty shells companies’ accounts and the schemes to hide the monies. That is because these wealthy people are so poor; they cannot afford to be like the rest of us.

The wealthy are so poor, they are so poor that they have to avoid taxes or pay taxes, because if they were paying taxes they would be like us. They would have the same responsibilities and have the same understanding of welfare and public services. Therefore, since they do not need the public service, they can afford to travel abroad for health-care; they can afford to send their kids to private schools and can afford to import goods. Then they do not need the support and the base line of the republic or the state. Like you and I do. Therefore, with that in mind, which is why they are so poor. Their poverty is in the mind and in their spirit; they cannot be a part of us, because they want to shield themselves from us. Still, earning our monies and taking our cheap labor, no problem!

This poor people need help, they need guidance, their riches might fall out of their hands, might be lost in coup d’état or worse than they get bankrupt. Than they need the states to salvage their business or their bank, with our tax-monies, without any hesitation, but when it was booming. That was the time they had no need of paying taxes or paying amends to the state through the regulations. Like we do and pay for our right to live and use the needed services of the states.

In these interesting times of ours, we have the riches seeking to pay-less, while the working-class is footing the bills or trying too. While the republics and states make it harder for public service and make it more expensive to pay for the needed services. This are all made in the hands of the wealthy and the multi-national corporations, without considering the implications of the commoner, the working-class nor the middle-class that are all sinking on the behalf of the rich. Certainly, the belief that the trickle-down economy should be a project avoided, but to many still have faith in the paradigm. While very, few have any social mobility or have the capacity to go from one class to the next. Peace.

Opinion: Why is there so little sanction on Corrupt behaviour and why don’t the donors stop the funds?

corruption-1

We should question the ability of certain leaders to be able to squander away government funds, donor-funding while keeping their citizens in poverty and neglect the civil service, the state functions and keeping the state fragile; so that the Executive can brown envelope the Members of Parliament and that other civil servants to get paid, instead of government salaries depend on being paid under table for government delivery.

This is not one nation problem, this is not a one continent problem, and this is a worldwide problem. Not only government acts like this organizations, multi-lateral organizations and businesses. Corporations and other LLCs are also misusing their fortunes and ability to generate wealth for their stakeholders through intricate and complex banking structure that fixes the profits away from the countries we’re they earn high profits; while squandering away the profits so that the owners and stakeholders gain massive funds and leave the consumers, workers and the nations as they keep the funds away from the State of real business.

Tax Avoidance

Why can I address the neglect of government in the same regard as tax-avoidance in modern business, because the same ethics and norms are made and regulated by the Parliaments, Executive Power and by the interests of politicians; that needs funds and create business in their constituency as they earn currency on opening business there. So with that in mind, the way the business is set-up and regulated are by admission from the political framework and laws, not to talk about tax-regulations together with multi-lateral agreements that either opens or closes doors for tax-fugitives from the profitable country.

The Government are the Sovereign Power, the ones that represent and distribute the resources and funds to their citizens through departments, ministries, institutions and programs that are sufficient to make sure of education, security and development of the country. That happens as they can either use their taxes, aid and loans to fund the government work. Well, they could if they wanted to represent the people who paid the tax and elected them.

One key reason for the maladministration and mismanagement from the government are that they are responsible for sham elections and rigging themselves in power; worst case scenario the government and executive took the power with the gun; so the responsibility is more on the ammunition instead of the transparency and accountability towards the citizens. The citizens are supposed to have safe-guards from corrupt behaviour and alleged graft; as the Auditor General and Ombudsman are supposed see through the files and budgets, together with registered procurements, so that the actual facts are the same as the planned efforts from the State.

That is why the breaking figures and knowledge of squandered monies from the funds. Something that shouldn’t be that easy to do or get away with; as so many leaders and executives have saved giant bank-accounts in Swiss Banks and in Tax-Havens. So the humble men from villages all of sudden own 30 luxury cars, 4 mansions and have a wife who spends a ministries months salaries on exclusive clothing and shoes in Paris and London. While the taxpayer are struggling to eat and feed their families, which is an issue that shouldn’t be there when the Executive and wife can have a cortege of 25 cars driving from their State House to their Ranch without any consideration.

Obama Stockholm

The worrying sign is that the International Monetary Fund, World Bank and other Multi-lateral organizations don’t sufficiently sanction this kind of activities or even punish the countries with this behaviour; except when the nations are on their back hunting wild goose. The United Nations and European Union, other Pacts doesn’t even sanction much either. The diplomatic tensions and the wish for resources sometimes stop the knowledge of the thievery, if not to save face of both parties as they doesn’t want the public of the nation importing to know about the maladministration.

What I am wondering with all the corruption scandals, with the rich executives and the haemorrhaging of monies from the state and businesses; It happens daily while the begging for funds from international community and also getting investors from the exterior to invest in business. These businessmen are set in function with civil servant and government officials that are corrupting the state; something that the world knows… and still keeps it going around.

Certainly the knowledge of this isn’t something in the shadow, some places all of this is in the spotlight and expected by the officials, as a second way of getting add-ons on their meagre salaries as the government doesn’t pay enough or on time for the Police Officers and Teachers to secure pay to pay for food and even rent. Therefore the system generate where the Government can’t even supplement funds for their own, while their leaders eat the most delicious stakes. This should be a warning, but the world moves on.

quote-the-givers-of-most-of-the-corruption-in-africa-are-from-outside-africa-olusegun-obasanjo-88-15-33

What worries me… is how this keep on happening with different names, different places and with different funds, while the sanctions and the stopping of funding from the communities doesn’t stop; while the massive overload of stolen monies are hidden and the ability to use this banked currency in developing the state and nation, instead lost in trail of lies and deceit where the accountability got dropped in the ocean.

We should question these transactions and not accept these facts of life, this is the ones that steal the development and progress, steal foreign taxpayer’s monies into personal bank-accounts and private business of elites instead of the public functions as they we’re supposed to go.

I am just writing in frustration… and tired of seeing and hearing about the scandal after scandal… While the ones dishing it out are silent, while the punishment is not happening and the characters who are behind the thieving is walking like kings and queens in main-streets of capitals all around the world. That is what is bugging me. It shouldn’t be like this and the behaviour should be tormented, questioned and also charged for their stolen cash. This cash we’re not automatically made for and created for the Executive’s and their Elites; which isn’t justified. So why does it seem that some people are allowed to steal a country, steal a national treasury and the foreign exchange funds are walking scotch-free while hanging around the mayors and government-officials; but when a pocket-thief or a man stealing a goat, gets detained and not hired again.

The rules for this is provable not equal, not for all men are equal under god, except if you like shrimp. Well, that is not the case in this matter, there are too set of standards, the Executives and their Elites; while the citizens and public are a disgrace and can be disregarded easily, but the rich can get-a-way-jail-free-card! Peace.   

Opinion: Before PM Cameron of the UK blames others on Corruption, maybe time to claim blame for the fueling money in UK based tax-havens like the BVI?

David-Cameron-quotes

“We’ve got some leaders of some fantastically corrupt countries coming to Britain… Nigeria and Afghanistan, possibly the two most corrupt countries in the world,” – David Cameron on the 10th May 2016 at the Anti-Corruption Summit in London, UK

David Cameron, the United Kingdom Prime Minister said the one day that Nigeria and Afghanistan was fantastically corrupt. That might be true. But I will write today, because of the bliss arrogance of the United Kingdom, why trying to play the higher moral background and their own actions that opens up for these activities.

Knights

It is easy to shoot at dragons, because they are big and visible, they are flying and looking likes a monster. There is easy to shoot, what is worse is to actually kill, that is why we have legendary tales of knights killings dragons and taking control of them. That is why they have existed in our novels and stories as they are bigger then elephants and more powerful as well, as they could control villages with fire. So with that in mind; when I discuss the matter of Corruption, it is a dragon and it burns as these wealthy companies and world leaders have power to silence people who writes about it or sack the editors behind it.

So the United Kingdom, the British, the luxurious capital of London and Financial Centrum of the City of London is vital in their economy as the accepted rich and wealthy immigrants of oligarchs and daughters of despots are welcomed with open arms as the town and even football clubs like Chelsea Football Club is bought by one of them, Roman Ambramovich who bought Chelsea back in 2003 and after that have spoiled the club with Russian oil money. So the United Kingdom have complained when rich people use questionable funds in their territory, as it was not made by bad deals and trades in Swindon, but in middle of Siberia or anywhere else.

Buhari Quote Corruption 2016

That is why I am bit late to plate, I know, but that PM Cameron, should watch his mouth more closely is that the Panama-papers shows that vast amount of money are going from all around the world to British Tax-Havens, that in the midst of that gives back shillings to his tax-coffers, small the contribution might be, it is still there instead of where the money was earned or moved from in a sophisticated layered Limited Liability Company (LLC) that are based in Nigeria, but have the Headquarters in British Virgin Island (BVI), still the owner is living in Lagos. So the money is funded through the BVI account and the profits ends in the hands of owner; instead of paying proper tax to the Federal Inland Revenue Service (FIRS)

Like even Zimbabwean Companies like Randa Two Limited and Randa Three Limited are registered in BVI, and that is a country with nonsense economy and where the central government controls it all, even with sky-high inflation and massive corrupt state official; still the BVI have no problem accepting their money.

Togo Cartoon

You have even controversial businessman from Togo, Prasad Motaparti through the company Ballyward Limited who is registered in the BVI, where the money is sent from an address in Lome in Togo through this postbox into the account of the company in the BVI. So surely the money Mr. Motaparti has earned either in Mining or other in Togo is susceptible actions.

When PM Cameron of UK have a problem with the corrupt and embezzlement in Nigeria, as he claims, still his nation under the BVI still accepts for instance the Account under the Goldflow Group Limited with the Stakeholder Manjit Singh Lit. It was a working company from 2009-2011, but it shows the heritage of cash-flow to the BVI with links from Nigeria. One that is current and own partly by one of the greatest companies of Zenith Nominees Limited and Zenith Secretaries Limited that runs a company in the BVI named KENMEAD Investment Company. So these stakeholders hold money in BVI through the KENMEAD Investment Company, which is proof of the connection between UK and Nigerian money.

OFFSHORE_THUMB_system_261-001

I could have gone on, I don’t have the tallies or numbers on the connection between the Companies sending money from businesses in countries that are corrupt and transferring them through procedural business-models that securing tax-evasion in the BVI. The BVI is a part of UK, which means under the jurisdiction of PM Cameron, who claims that other leaders are corrupt. That might be true, but he has tool in his pocket where these leaders can unleash their corrupted and embezzle state funds. Therefore that he crassly addresses other leaders, he should walk more careful when he is responsible for a Tax-haven. He has himself even been caught with having funds in company in a Tax-haven. So the “do what I say, not what I do” is an ordinary politician of our time.

So if PM Cameron is serious… and wants to combat corruption he should stop the ability to fund monies through the British Tax-Havens as the companies and rich leaders they use these to secure the money without nearly paying any tax, while securing less funds for the corrupt countries. These leaders have no moral high-ground only greed, so to stop the ability inside British territory would be a serious action as the BVI is used as tool by these rich embezzlement kings and queens, by the ones who are involved in countless graft and acting corrupt. The corruption is activities to secure tenders and mask money from the corporations and state funds. This is then transferred through sophisticated transferred made by Lawyers and into second and third companies who then fuel the money back to the stakeholder without the ordinary tax on the profits of the transactions. So the corrupt are using these shell companies in the BVI.

icijfullsizepropertymap

So as long as Prime Minister David Cameron is in charge he can decide and make the House and Parliament of United Kingdom to amendment of laws and determine to create other kind of practices than the ones that are happening now in BVI. As the BVI is like this:

The British Virgin Islands are an internally self-governing overseas territory of the United Kingdom. The United Nations Committee on Decolonization includes the islands on the United Nations list of Non-Self-Governing Territories. The Constitution of the Islands was introduced in 1971 and amended in 1979, 1982, 1991, 1994, 2000 and 2007. Executive power is exercised by the government. Legislative power is vested in both the government and the House of Assembly. The Judiciary is independent of the executive and the legislature. Military defence is the responsibility of the United Kingdom” (BVI.org).

So even if it is self-governing territory, it is still under the United Kingdom; the legislature is the responsibility of the United Kingdom, that falls in the hands of PM Cameron and where he does his day job as elected official and as an Prime Minister, he is the ones together with the other elected representatives makes the laws that are the legislature in the BVI. So if David Cameron have heart and serious about cracking down on corruption then he should start to clean up his own shop. Start with BVI and then the other Tax-Havens! Peace.

#SafaricomKPMGScandal: The madness from the CEO Bob Collymore continues as the plan to deflect the scandal in the press is not fulfilled!

BobCollymore

There are days and a fortnight since the unintended release of draft papers on the KPMG Audit report that alleged conspiracy of corruption and illegal tender buying of the central leadership in the Safaricom Limited Kenya. The State-own telecom Company, which are partly owned by the Vodafone as well have entitled themselves into hole because of their leadership. These allegations have not stopped and the press is still just spreading the words of Bob Collymore, not the words of the report and what it really means.

It’s like the KPMG draft report wasn’t released as the biased bought media through the massive war-chest of PR money can silence the Kenyan Media and even create a many Twitter Bots and Social Media bots to try to dismiss the leaker and blogger Cyprian. That is just weak-tea… If you are having trouble with the allegations coming from an internal report, it is time to respect the knowledge that those who have read it, presume they understand the implications and the effects of actions from the Safaricom leaders and what this decisions did with the monies the company profits are used.

KPMG Safari FP 2016

The Kenya National Police Service should use their detectives to find out who leaked it to the blogger is nonsense, as the facts and questionable behaviour of the Safaricom leaders should be questioned and briefed, as this thieving is the cardinal sin, not the ones that strawmen spreading it online. It’s like putting the blame on the nail for the existence of plywood for the wall. You need the nail to put the plywood on the wall. The wood is needed to be there before the nail puts it together. The nail is the leak, as the wood was already there for the taking!

That CEO Bob Collymore didn’t want this out, is because Vodafone was asking into the affairs of the business and the model of procurement from Safaricom. The audit from KPMG was certainly not entailed to enter public space, but when your corporate governance is so shady, the dirty laundry would by some time end in the hands of a whistle-blower, apparently, it did.

BDSafaricomResults0705

That Bob Collymore and Safaricom have used the WPP-Scangroup to marketing and PR, so that these issues could go away; as the PR Firm gained a tender worth Ksh. 2.1 billion between December 2013 and January 2014. Certainly their business must be thriving as the closeness between Collymore and their CEO Bharat Thakrar, who even attended the recent wedding of Collymore. That is a bit close relationship between the corporate leaders, isn’t it?

As we can question the media’s view on the release of the KPMG draft report as the Standard Group’s Management Editor Joseph Odindo sent a memo to all editors ordering them to kill any story relating to Safaricom and the KPMG Audit. So when a chief editor says to all of the leaders who picks stories to Publish are dwelling away with the ones connected to Safaricom, that shows again how embedded the Kenyan Press are with the Company. It is not a conspiracy, as this is one of many who are already implicated to shut this story down. And the reason why I write again about it; that is why KTN News only dropped the Safaricom Press Statement, but not questioned a single word in the leaked draft report like they would catch Ebola or a deadly disease by doing so.

Safaricom Article

What does such a CEO Robert (Bob) Collymore of Safaricom Limited do as a credible leader and business-man to be parts of the Global Compact Board of United Nations for good governance in business, as the Safaricom scandal shows that his hands are dirty and need a clean before he shows etiquette and ethical leadership towards others in words in the United Nations board, as his company is run by single tenders and by close relationships of leaders who have taken orders instead of following companies own procedure for procurement, and that man should give ethical advice in the United Nation board? Dumb-Dumb, part of the leaders who runs the world, aye? Ban Ki-Moon should re-evaluate the board and he may have more corrupted leaders in the United Nations boards, as even Bob Collymore has showed in the paperwork.

The news that inspired me the most was not the connection between media themselves and the Safaricom advertisement money. But that even the fried of Bob Collymore, the other CEO of WPP-Scangroup Bharat Thakrar also attacks the blogger Cyprian, trying to shade him with allegations of working with the rival company Transcend Media Group and the lawyer Mike Njeru. I am just waiting for Tintin, Mr. Smurf and Cinderella to have love-affair. That is as plausible that a blogger Cyprian who writes fiercely with notions of BS, have a connection with other party that Honourable Thakrar claims. Collymore have already used all kind methods to silence the released papers that makes him look foolish, as they have had property deals, tender agreements for M-Pesa another ones that are questionable, together with the level of paying of media and even entering media house with Police Officers to intimidate them for writing about the scandal.

M Pesa Started

When you goes this far and when you use these methods, even wants to use the police to arrest the man who has not done anything illegal, if it is illegal to write about corruption and violence, then I, myself is a common criminal, therefore that the CID is written up about Cyprian is nonsense, as the Safaricom Limited deals are the shady ones, not the writing about it. That it is not what the CEO Collymore wants, that is understandable as nobody wants their bad tenders or the shady agreements into the public space, therefore the KPMG Audit was not a planned release of information or something that the Safaricom Limited wanted to for-see as the business would rather see without it. That is something we all understand. Still, the Cyprian leak is not his making, it is Safaricom and CEO Collymore has done the bad deals, not the blogger or the media.

So if CEO Bob Collymore wants to be brave now, is to go through the fire and swallow the nonsense and take responsibility of the Huawei, One-Campus and the other deals that was disclosed in the KPMG audit report, though I doubt he has the heart to do so. Why he doesn’t have the heart? Because as pointed out he has used all kind of money and intimidation towards media even to silence the story, while also writing Cyprian up to the CID. That is just showing how wrong from the start of the leak Mr. Collymore has been. If he was a man of fair and justice, if he was a man of honour he would have cleared the agreements and signed tenders with fellow companies to show that he wanted a clean slate after doing corrupt business. Instead he has tried to mute the discussion and laundry in the public. Well, Mr. Collymore you should plea now and stop paying media to cover your dishonesty. This because the papers are leaked and will stay leaked. You cannot go back in time and become Marty McFly, you are a real man Mr. Collymore and the responsibility for Safaricom Limited is in your hands. So now time to take that responsibility and step your game up and stop with them shadow games, you and your PR Team is not good at it. Peace.

#SafaricomKPMGScandal: My 2 cents and a chapatti of wandering through the actions of the company who tries to silence the Scandal and the leaked information to the Public!

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There we’re a KPMG Audit leak of the Safaricom Telecom Company in Kenya, which was released through a blogger called Cyprian.  He found and released article relating to a Draft Report, that he in the latest twist released on Twitter. Why I comment on it, after even releasing it. It is to brighten the days of the corruption hunters and pundits. To prove that not all writers can be bought. You feel me right? Why I say that because money talks, everybody knows that right?

SMS to Cyprian

While this report circulated and even some findings came to the limelight, CEO Bob Collymore we’re able to dodge the release as the blogger had to take down his article and later even send the Blogger direct text message. The blogger got now after this text messages from Red Cross and Inter Religious Council of Kenya. And he have nothing to do with this organizations before, so there are something up with the Safaricom model of the moment.

The Safaricom CEO continues with suspect behavior as even reports of entering Kenyan Media-houses with Police Officers following his tail. When he, the CEO of Safaricom Bob Collymore where he initially threaten them. If they did exposes the maladministration of the company into the society and into the public sphere through the media.

The marked interest for this company is the structure and its importance in Kenya. The Government of Kenya owns 60% of it and the rest is owned by Vodafone, which means 40% of it is in the private interest. The Markie exposure of the company is not only how much having been squash the Audit that we’re unfortunately released, but by what extent the leadership have gone to silence it.

And when a business, a company and their leaders get orders from the “mother-company” to shut the noise, when they order media-houses and threaten them with the Police Officers holding the hands of the CEO; then you know that there are shady people eating the cakes that was not intended to. The Safariacom have even ordered an advertisement operation with ScanGroup for Ksh. 2.1bn and that proves to what extent they goes to bury the legality of the KPMG audit.

Collymore 2016

The Public Petition of Michael Ngugi that states this:

“That it is unfortunate though that Safaricom is in itself a corrupt institution and as evidenced by the forensic audit report from KPGM which examines the period of September 2013 to August 2015. Copy Enclosed. In this report many instances of malpractices have been cited in regards to tender processes, award and general shortcomings of ethical practice and governance as far as supplier selection and management are concerned” (…)”THAT, Safaricom in contravention of their own Procurement  policy as enshrined in their Policies and Procedure manual and use it only selectively to suit selfish interests of some senior staff who collude to defraud the company and deny well deserving Kenyan companies a chance to offer services even after satisfying all the necessary requirements in a tender and emerging victorious. This is an act of impunity and no one in Kenya is above the law, justice must therefore be pursued for the victims for this scheme” (..,)”That I confirm that I am aware that it is not possible to raise any issue regarding Safaricom with any organ, institution or media because Safaricom has corruptly infiltrated all segments of society and used its corporate advising might and huge financial resources to oppress any dissent or complaints”.

Keter Citizen TV

There even been more implications between the Media Houses and the Bob Collymore scandal of the KPMG reports as central men in the media have been bribed to silence or not talk about the company in an unfavorable way, these men are for instance Tom Mshindi (Nation Media Group) and Linus Kaiaki (NTV Kenya). So there are many big fishes who are being fried and more to come as the information getting leaked. These men are not alone, as Safaricom even bribed Citizen TV Kenya, who got Ksh. 50m to not highlight the report on the TV screen on the 9th May of 2016.

As an example of the leaked information that Safaricom wants to silence is the M-Pesa Second Generation agreement we’re the report stated this:

“Safaricom partnered with Huawei to upgrade its M-Pesa mobile money payments system, a decision which we were driven by Michael Joseph (Joseph) the previous Chief Executive Officer. We were informed by Donald Twesiga, the former Head of IT Service Operations (Twesiga) that a procurement process had been initiated which included major international vendors, but Joseph singlehandedly settled on Huawei. We were further informed that although the cost of this project was borne largely by Safaricom, it does not retain exclusive use of intellectual property on the project and similar mobile money projects can be rolled out in other territories without any benefits to Safaricom. We were also informed that there was no evidence of negotiation of prices on this project between Safaricom and Huawei”.

Safaricom 4G Ad

When you have agreements like this and there are nobody earning on it, directly the Safaricom company doesn’t earn on an upgrade, but still does it, without even negotiation of prices or have followed procedure of procurement process, it sends signals of direct corruption between the men who has been behind the agreement between Safaricom and Huwei, that can be the case as the levels of transparent procurement for the company and their rules for doing so. That should be even more important by a significant company of this size; the level of government ownership and the state of importance the M-Pesa mobile money have in Kenya alone. Just when you thought M-Pesa was dirty enough, even Kenya Revenue Authority (KRA) have reported in recent days that the profits made through M-Pesa mobile money have gone direct to a Tax-Haven so that the Kenyan Government can’t earn the direct tax money on the revenue. Another way of securing higher yields of profits for the CEO and the board, also second owner of the Company Vodafone!

That the CEO of Safaricom Bob Collymore have denied and claimed that the reports is lies, is expected; a man who is earning so much and have such treasures would not jump on the sword, as he is used to tool with government entities and media as they are waiting for the money and for the services rendered by the Safaricom. With the knowledge of the monies that Safaricom can bring Media-Houses and needed Ad-Revenue, Aga Khan of the Nation Media Group (NMG) would easily be corrupt; that has been showed in the Ugandan General Election period where he was donated land to publish a positive poll in the same manner as the one was delivered towards the 2011 election there. So if Safaricom can come with good money than they surely can silence the media for their cause.

Cyprian Blogger

And as there was a blogger who got the hunch of the report and dropped certain knowledge of what it did say, the Safaricom could use the media they are paying high salaries to and gives lots of advertisement revenue.  

Just to give you an indication on the value of money there earned inside the board of Safaricom, CEO Bob Collymore earned in the last 12 months, the net amount of Ksh. 109.5. So it’s a well-paid position and he has earned a living salary and surely could afford to pay of somebody just with his salary alone. Though I am sure the company coffers have enough to do and to silence the ones that need to be.

As much it is not only the Huawei and Safricom deal that is questionable when comes to Procurement procedure, you have also this one.

M Pesa Started

“In relation to the Fibre Space partnership dated 10th April 2015, the following documents were not provided;

  1. Invoices and payments to card manufacturers in relation to Safaricom purchased cards and purchase orders.
  2. Actual payment patterns with supporting payment documentation.
  3. A documented breakdown of the aggregate revenues to date Safaricom has earned from the partnership and;
  4. Information on the distribution count and location of all the points of sale and cards by Safaricom in relation to the partnership.
  5. A velocity report from the CMS indicating the time taken at each stage of contract drafting was not provided for review.
  6. The CBS reconciliations done by the Credit Control together with the resulting payable refunds for the month of July 2015 provided for review was no approved by HOD credit control” (thaVibe.com, 12.05.2016).

So again you see shade agreement between the Safaricom and co-partnership with Fibre Space. This again shows the agreement done without due diligence or even a review, henceforth done directly instead of through the procurement agreement. This does not say who did what, but certainly something suspicious.

Collymore Profile 2016

That Bob Collymore have to enter a Media House with Police Officers to silence them and think that this can go away, pay for Blogger Awards while the Report is circulating, even I got the papers, and I am miles away from shores and streets of Nairobi. I know the boats are in Mombasa, still the point is that I, far away can get them and paste them on my blog. So the old fashion fear driven policy of Collymore doesn’t work in the digital age. The exposed stays exposed. That is why Wikileaks and Panamapapers can do as they please.

So Safaricom has showed its face is not accountable, transparent or just in their actions as their procurement and agreements are made for the beneficiaries and not after procedure. This is just the ones that have surfaced through the reported pages from the draft report. What more that are under surface is something only Collymore and the rest of Board of Safaricom knows. The Company and owners of Vodafone only knows the whole picture, as the Government also is connected and the ability to silence the media as the Ad Revenue counter the Integrity of the set amount of journalist or editors ethical behavior. Peace.

Guptagate: A new proof of Connection between Zuma and Gupta Families; the receipt shows a connection between the VFS Visa Processing (SA) and Islandsite Investment!

A receipt for payment to outsourced visa company VFS, which was erroneously presented to the Parliament of South Africa as proof of a link between that company and the Gupta and Zuma families.

Zuma Visa Connection P1Zuma Visa Connection P2

Shareholder register for VF Worldwide Holdings LTD as of February 2016.

VF Holding Paper P1 1.0VF Holding Paper P2 1.0

My Afterthought: 

Documents that proves their some connection between the Zuma Family and the Gupta Family. Not that it’s shocking at this point as even one of the sons even resigned from Oakbay Investment; which is also a Company owned by the well-known financial rich family who are inter-connected with the Zuma’s. That might have altered his judgement as his family have been hired by these men. Also seeing that the VFS Holding Company is “officially” part of Mauritius Tax-Haven; while the VFS Visa Processing (SA) Company is working and earning the Cash and Profits in South Africa. Does not look like fair trade or a fair deal for South Africans who are using and traiding with VFS subsidiaries and the Companies owned by the Gupta’s. Peace.

Dennis Skinner kicked out of Commons for calling David Cameron “dodgy Dave” – BBC News (Youtube-Clip)

“Labour MP Dennis Skinner has been suspended from Parliament for the day for calling the Prime Minister “dodgy Dave“. He was speaking in the Commons after David Cameron went there to defend his own financial affairs in the wake of the so-called Panama Papers scandal. The Commons Speaker John Bercow asked Dennis Skinner to withdraw his use of the term “dodgy” but the MP repeated the word – forcing Mr Bercow to eject him from the Commons” (BBC News, 2016).

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