Sharp Daily
No Result
View All Result
Friday, November 7, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Assets Recovery Agency targets First Choice Recruitment in money laundering probe

Huldah Matara by Huldah Matara
October 7, 2024
in News
Reading Time: 1 min read

The Assets Recovery Agency (ARA) has launched an investigation into 27 bank accounts linked to key suspects involved with First Choice Recruitment and Consultancy Agency Limited. These accounts are being scrutinized for potential financial misconduct, including allegations of money laundering and fraud.

First Choice Recruitment has been embroiled in controversy for allegedly defrauding thousands of job seekers by promising overseas employment, particularly in countries like Qatar. Many hopeful candidates paid substantial amounts of money in exchange for these promises but were never offered the jobs they were assured of.

The ARA is working to trace and recover any illicit funds tied to the fraudulent activities.

“Twenty-seven bank accounts belonging to key suspects are being analyzed to track the flow of funds. While most of these accounts have zero balances, some hold negligible amounts, despite having handled large sums during the period of interest in our investigation,” the agency said in a statement.

RELATEDPOSTS

Senate committee slams DCI, EACC for inaction on First Choice Agency

January 10, 2024
Flutterwave

Ksh6.2B Linked To Nigeria’s Flutterwave Frozen In Kenya

July 7, 2022

The investigation began following a petition led by Uasin Gishu County resident Kimutai Kirui, submitted to the Senate Standing Committee on Labour and Social Welfare. The petition called for a thorough investigation into the fraudulent activities of First Choice Recruitment and demanded justice for the victims.

In response, the Senate Committee had previously ordered the recruitment agency to refund over KES 1 billion to victims from Trans Nzoia, Uasin Gishu, Nakuru, and Elgeyo Marakwet counties, who were promised overseas jobs that never came to fruition.

As a further warning, the Ministry of Labour announced on October 3 that First Choice Recruitment and Consultancy Limited is not registered with the National Employment Authority (NEA) and is unauthorized to conduct any recruitment activities, cautioning job seekers against engaging with the agency.

Previous Post

Tata Chemicals Magadi plans tripling of soda ash capacity in Kenya

Next Post

Governor Abdulswamad proposes vehicle ban on Likoni Ferry following safety concerns

Huldah Matara

Huldah Matara

Versatile multimedia journalist with a keen interest in compelling stories that resonate with my audience. Reach out on huldahmatara12@gmail.com

Related Posts

News

Tanzania2025 election protests

November 7, 2025
News

How consistent saving can help you start and sustain a successful business

November 7, 2025
Mrima hill, one of he world's most significant deposits of rare earth minerals and niobium.
Economy

Kenya’s rare-earth minerals: How the country is becoming a global strategic hotspot

November 7, 2025
News

President Ruto’s historic handover: amboseli national park empowers maasai community, boosting Kenya’s tourism future

November 6, 2025
Kenya power technicians install a transformer at Ibutuka Village in Mbeere North in Embu County (Murithi Mugo, Standard)
News

Kenya government confirms nationwide electricity rationing amid supply shortfalls

November 6, 2025
Economy

Kenya’s private sector gains momentum amid economic reform

November 6, 2025

LATEST STORIES

Tanzania2025 election protests

November 7, 2025

Kenya’s Crypto Asset Law Ushers in a New Era for Digital Finance

November 7, 2025

What Happens to Pension Funds When a Member Dies Before Retirement

November 7, 2025

How consistent saving can help you start and sustain a successful business

November 7, 2025

How legacy media firms are fighting to stay competitive

November 7, 2025
Mrima hill, one of he world's most significant deposits of rare earth minerals and niobium.

Kenya’s rare-earth minerals: How the country is becoming a global strategic hotspot

November 7, 2025

Safaricom’s profit jumps on revenue growth and operational efficiency

November 6, 2025

President Ruto’s historic handover: amboseli national park empowers maasai community, boosting Kenya’s tourism future

November 6, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024