PCCB tightens noose on missing escrow billions

Details have emerged on the missing billions of shillings that are being linked to the death, on Saturday night, of a top Energy and Water Regulatory Authority (Ewura) official.

>Three more top government officials were charged yesterday with dishonestly receiving over Sh2 billion from Mr James Rugemalira of VIP Engineering--the company that pocketed over Sh100 billion after selling its 30 percent stake to Pan Africa Power Solutions Tanzania Limited(PAP).

Stanbic Bank Tanzania is at a crossroads following Parliament’s resolution that the bank be investigated and tasked to help recover the Tegeta escrow account billions after it was accused of gross violation of anti-money laundering rules.

spyghana.com
JK should have hit harder on escrow account billions
IPPmedia
President Jakaya Kikwete on Monday gave his eagerly awaited stand on the Tegeta escrow account scandal that saw the misappropriation of billions of shillings involving, among others, high-ranking public officials who either personally benefited through ...
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>Three parliamentary committee chairpersons have resigned over the Sh306 billion Tegeta escrow account scandal. Those who handed in their letters to the Office of the Speaker are Bariadi West MP Andrew Chenge, Sengerema MP William Ngeleja and Lupa MP Victor Mwambalaswa.

Former Tanzania Investment Centre (TIC) executive director Emmanuel Ole Naiko yesterday said he was surprised to learn that he was among the beneficiaries of the Tegeta escrow billions.

The Public Accounts Committee (PAC) yesterday heard how some top government officials and MPs were paid billions of shillings suspected to have come from the Tegeta escrow account.

Dodoma. Prevention and Combating Corruption Bureau (PCCB) says it will not close the files of cases facing individuals who were adversely mentioned in the Tegeta escrow account scandal.

Daily News
PCCB finales Tegeta Escrow account probe
Daily News
PREVENTION and Combating of Corruption Bureau (PCCB) finalizing investigations regarding the Tegeta escrow account in which 300bn/- alleged to have been siphoned by high-ranking individuals. “We have so far worked on all sues of concern that were ...