Victims of Sh4 billion fraud in court to demand refund from Government

Kenya: Individuals who lost more than Sh4 billion in pyramid schemes almost a decade ago have moved to court seeking to have the Government compelled to refund their money.

The 26,249 victims of the fraud want the Government forced to refund  Sh4,152,008,342, which they lost in 2006, arguing that the Government had closed the pyramid entities' accounts and taken over Sh8 billion belonging to them.