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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The Goldenberg scandal, masterminded by Asian tycoons supported by some government officials at the Central Bank of Kenya (CBK) and the Treasury, is documented as Kenya's largest theft of public funds.
The exact amount of money that the country lost has never been established, but the audit done by a British tax expert during the Goldenberg Commission of Inquiry instituted by President Mwai Kibaki said Sh158.3 billion was pilfered.
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