Vietnam has replied to Kenya on Margate Nduta who was arrested for drug trafficking.
"We understand that you sympathise with your citizen, our stand and laws on drugs and corruption are severe. They apply fully to everyone who breaks them, including our own Vietnamese. As a leader of Vietnam, I dont interfere when courts sentence even Vietnam drug dealers. It’s not a matter of citizenship but it’s a matter of the killer substances you are bringing to our children."
The findings exposed other financial irregularities at Kuscco, including:
—Manipulated financial records to hide losses.
—Large-scale bribery involving top executives.
—Unexplained bank withdrawals.
—Contracts awarded to firms linked to top managers.
—Falsified profits to cover financial troubles.
An audit report by PwC reveals that Kuscco executives forged a dead auditor’s signature to approve falsified financial records, exposing a Sh13.3 billion fraud.
Kuscco is now insolvent by Sh12.5 billion, putting Sh24.8 billion in deposits from 247 saccos at risk.
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