Sharp Daily
No Result
View All Result
Sunday, March 29, 2026
  • 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

The Rise of Oil Hoarding in Modern Energy Markets

March 27, 2026
News

The Global Gold Rush: Why Central Banks Are Rebuilding Gold Reserves in a Fragmenting Monetary System

March 27, 2026
News

Kenya’s shift to USB-C: what the new charger rules mean for consumers and the mobile market

March 27, 2026
News

Crypto firms eye Kenya as regulation drives new market interest

March 27, 2026
News

Kenya secures fuel supply as global oil routes shift amid Middle East conflict

March 27, 2026
News

Private sector credit growth and its role in economic expansion

March 27, 2026

LATEST STORIES

1049795356

Proposed Pension Reforms to Enhance Growth and Member Protection

March 27, 2026

The Rise of Oil Hoarding in Modern Energy Markets

March 27, 2026

The Global Gold Rush: Why Central Banks Are Rebuilding Gold Reserves in a Fragmenting Monetary System

March 27, 2026

NCBA Group’s profits up by 7.0% amid steady earnings growth

March 27, 2026

Kenya’s shift to USB-C: what the new charger rules mean for consumers and the mobile market

March 27, 2026

Crypto firms eye Kenya as regulation drives new market interest

March 27, 2026

Kenya secures fuel supply as global oil routes shift amid Middle East conflict

March 27, 2026

Private sector credit growth and its role in economic expansion

March 27, 2026
  • 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