×
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'

Vocalize Pre-Player Loader

Audio By Vocalize

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.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
By AFP 2 hrs ago
Sports
Ronaldo, 41, leads Portugal into his sixth World Cup
Sports
Kenya's Afcon dream is under threat as FKF officials fight
Sports
Kenyans now shift focus to Commonwealth Games after shining at Africa meet in Accra
Sports
New motorsports body up and running with autocross action at Stoni Athi