Somalis everywhere are known for their business acumen and in Kenya, Eastleigh in Nairobi is the monument of their success in business, however, that has now been exposed.
A secret message sent anonymously to Activist Boniface Mwangi showcases how the Somalis that go abroad scam banks in Canada and US then come invest that money in Kenya.
The scam has been unaearhed and a sh400 million mall is about to be auctioned.
Read the narrative below for yourself.
Hello Bonnie, please hide my Id, I am a local private investigator for an insurance company in based in Canada . I would like to add to your ‘costly plot in ngara’. The Somali people have been able to dupe people how good they are in business and attach their religion to attest to their trustworthiness.
However, there is a huge fraud they commit abroad and few people are able to see through. When a Somali goes abroad he will invite close family and friends, they too (invitees) invite in a similar way and chain is unbreakable.
They then get small jobs like home care, or even taxis etc they (chain) together open savings accounts and save everything they earn and use very little (as they cost share through staying together). After about 5 years of such savings they apply for loans (which at the time is alot of money) and guarantee each other (the chain).
Once they have the loan money, they withdraw their savings and come to Kenya. They buy properties (the chain) no matter the price since they have the money now and have zero plans of returning to Canada nor repaying their loans. It is not necessarily piracy or ransom money that fuels the unlimited cash flow it is the loan fraud abroad that is constantly fueling the cash flow.
We are in the final stages of reclaiming a mall in Eastleigh that was secured at a cost of ksh. 400 million from a ‘chain’ of loan fraudsters of Somali origin. Nobody is clean in this country no matter the religion!