Finally, the verdict on escrow scandal is here

The main opposition parties under Ukawa umbrella have condemned President Jakaya Kikwete verdict on the Tegeta Escrow scandal for ‘defending the illegal withdraw’ of Sh306 billion from the account.

>Plans are reportedly underway to compel three officials to sacrifice their positions in order to save the government from crumbling under the weight of the Escrow scandal.

>Mwalimu Nyerere’s widow, Mama Maria Nyerere, yesterday urged Parliament to exhaustively debate the Tegeta escrow account  scandal.

>Parliament was told yesterday that a State House official, Mr Prosper Mbena, wrote a letter to reinforce the decision to withdraw the Sh306 billion escrow funds from the Bank of Tanzania.

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Tanzanian minister resigns over escrow scandal
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Tanzanian minister resigns after $120 million of public funds were transferred to a private energy firm. World Bulletin / News Desk. Tanzanian Minister for Energy and Minerals Sospeter Muhongo resigned from his post on Saturday over the fraudulent transfer ...
Tanzanian energy minister quits over corruption scandaldunyanews.tv (press release) (blog)
Tanzania's Energy Minister Sospeter Muhongo quits over...

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Tanzania probes banks over escrow scandal
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The Tanzanian authorities are investigating banks linked to the fraudulent transfer of some $120 million of public funds to a private energy firm in a scandal known locally as the "Tegeta Escrow Account." "My agency is carrying out investigations as directed by ...

News has been abound this week about the IPTL, an energy entity, and the escrow account and all the now scandalous paint it has showered on the country, but especially the government.

IPPmedia
Handing over Escrow scandal accounts to PM challenged
IPPmedia
Five non-parliamentary political parties have challenged the Prevention and Combating of Corruption Bureau (PCCB)'s decision to hand over to the National Assembly the investigation report on Sh300 billion Tegeta Escrow accounts scandal to Prime ...
CAG escrow report handed over to Prime MinisterDaily News

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>There has been a sustained campaign to mislead the nation since the Controller and Auditor General (CAG) and the Prevention and Combating of Corruption Bureau (PCCB) completed their investigations--upon which the Public Accounts Committee (PAC) tabled its report in Parliament.