The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Asset Recovery Agency claims that the assets were acquired using proceeds of crime. [iStockphoto]
Seven men accused of stealing more than Sh449 million through mobile money fraud are in more trouble after a state agency moved to seize their assets.
Asset Recovery Agency through a suit filed at the High Court claims that the assets which include vehicles and motorcycles were acquired using proceeds of crime.
Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access