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How tycoons and top officals used web of banks to loot over Sh158.3b

Kamlesh Pattni at his Goldenberg Company in Nairobi. [Courtesy]

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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