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Showing posts from October 22, 2014

GOLDENBERG SCANDLE: FACTS AND FIGURES

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About a month ago, our corporate and white collar tutor gave us a research proposition on the Golden berg scandal. I have never taken a keen look into the whole “scandal aspects” before and until then I had not anticipated that very soon, I was about to engage in a thrilling excursion in an intellectual battlefield.  The following is a summary of what I read, found out and think… facts and figures that now inform my perception of the infamous illegal brain game. No single financial event has had far-reaching impact on the Kenyan economy than the hydra-headed Golden berg Scandal of 1990 to 1993. While the amounts that were involved are yet to be determined, Kenyans are still counting the cost. But what cannot be gainsaid is that the monies shelled out are widely believed to have bankrolled an extremely liquid election campaign by former ruling party Kenya African National Union (KANU) in 1992. Resolution of the matter is vital to unlocking billions in multilateral and b