Kenya: Former Kenyan President Blamed in Finance Scandal
17.06.2004
A businessman at the centre of an inquiry into Kenya’s biggest financial scandal has claimed that former President Daniel arap Moi made him buy a bank to cover the trail of Moi’s millions of pounds stashed abroad. Pattni’s testimony to an inquiry further implicates Moi in a corruption scandal that cost the cash-strapped East African nation hundreds of millions of pounds at a time when the economy was spiralling toward recession, largely because of government mismanagement.