×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

The making of Sh594m fraud: 'We thought we were buying an elephant'

Jyoti Mukherjee, CEO, Software Technologies Limited.

You may not know Jyoti Mukherjee or Software Technologies Ltd (STL) yet. But you know about a mouse and its snout, fairly large ears, eyes, and long tail.

Would you buy a rat for half billion Kenyan shillings? Tineyi Kuipa, the senior investment officer at Enko Capital Management, believes his team flew from South Africa to Kenya to buy one - packaged as the fastest growing software solutions provider and information technology (IT) training company in Kenya.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in