Stanbic at a crossroads over escrow billions

>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).

>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.

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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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The Prevention and Combating of Corruption Bureau (PCCB) has seized bank accounts and overseas property believed to have been bought with the missing Sh306 billion escrow cash.

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 differences that have rocked the Constituent Assembly spilled out into the open yesterday, with the result that Zanzibar’s first vice-president and influential Secretary General of the Civic United Front (CUF) ordered his MPs to quit the assembly.

Jesca Kihwili, a mother of two, resident of Nagayegwa Village in Songea Rural District, and Asiatu Mapunda, a resident of Mkongo Guliani Village in Namtumbo District in Ruvuma Region, are all smiles after harvesting soybeans.

With over 4 million inhabitants, Dar es Salaam is arguably the most sports unfriendly city in the region. No wonder some pundits associate it with the decline of non-soccer sports and games that previously made Tanzania a force to reckon with on the international stage.

> In 2008, a cross-party group of ‘activist MPs’ began working to reform Tanzania’s parliament into a more assertive body, better equipped to carry out its constitutional ‘oversight’ and ‘challenge’ functions. ARI collaborated with three eminent members to produce “A Parliament with Teeth“; a frank report on the reforms, the arguments, and the outlook.