Sharp Daily
No Result
View All Result
Wednesday, October 8, 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

Kwale County officials arrested for exploiting family ties in KES 48 million looting

Brian Murimi by Brian Murimi
February 28, 2024
in News
Reading Time: 1 min read

The Ethics and Anti-Corruption Commission (EACC) has swooped in to arrest Vincent Mbito, the County’s Head of Treasury, along with his four brothers, in connection to a staggering KES 48.9 million graft scandal.

The Mbito siblings, allegedly wielding their familial ties and two companies as tools of deception, stand accused of orchestrating fraudulent deals with the county government, a revelation that has sent shockwaves through the region.

In a dawn operation, EACC agents descended upon Mombasa Central Police Station to apprehend the suspects, who have since been ferried to the Mombasa Anti-Corruption Court to face charges that could reverberate across Kwale County’s political and administrative landscape.

Vincent Mbito, his brothers Mongo, Hassan, Mwaiwe, and Chindoro, entrenched in various departments within the county, have been identified as the masterminds behind Chilongola Holdings and Rome Investments (k) Limited, entities allegedly crafted to facilitate their nefarious activities.

RELATEDPOSTS

No Content Available

According to EACC, “The current charges relate to 10 contracts fraudulently awarded to the companies; Rome Investments and Chilongola Limited; which were paid exaggerated amounts KES 44,919,341 and KES 4,007,943 respectively.”

Previous Post

Slain lecturer suffered two head injuries, autopsy reveals

Next Post

CS Kindiki enforces KES 300K fine for anyone mistreating security animals

Brian Murimi

Brian Murimi

Brian Murimi is a journalist with major interests in covering tech, corporates, startups and business news. When he's not writing, you can find him gaming, watching football or sipping a nice cup of tea. Send tips via bireri@thesharpdaily.com

Related Posts

News

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025
News

Argentina’s crisis and Kenya’s lessons on political economy and market confidence

September 25, 2025
News

Kenya’s financial system remains stable but faces rising risks

September 25, 2025
News

Where do Kenyan stock returns come from? A napkin framework

September 19, 2025
News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025
Private equity investment business concept
News

Private equity and insurance

September 4, 2025

LATEST STORIES

Equities, Bonds, or Fixed Deposits?

October 7, 2025

Kenya’s Inflation is creeping up, What it means for investors

October 7, 2025

The Role of Micro-Pensions Plans in Kenya

October 3, 2025

Understanding the link between international aid and cooperative finance stability in Sub-Saharan Africa

October 3, 2025

Kenya Pipeline Company IPO

October 3, 2025

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025

Kenya’s Regulated SACCOs Cross Trillion Shilling Mark

October 2, 2025

Post-September review: What CMMF did and what’s next

September 26, 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