The sports category has moved to a new website.
ADVERTISEMENT

How flashy politician tried to lure Nation Group into fake gold scam

Tricky business

How flashy politician tried to lure Nation Group into fake gold scam

Nation Media-owned, Nairobi News has revealed details of how flashy politician Zaheer Jhanda almost dragged the company in the fake gold scam.

In a publication on Tuesday, the online news website claimed that Jhanda told the Nation about a gold consignment at JKIA which he claimed belonged to his client.

However, the Nation failed to publish the story after verifying the claims by Mr Jhanda that the gold worth Ksh5 billion belonged to a client.

Grand scheme

ADVERTISEMENT

"We did not publish the story after verifying his claims. As it has turned out three months later, doing so would have given Mr Jhanda and his accomplices, including a senator from western Kenya, the legitimacy they needed to carry out the fraud," Nairobi News reported.

Reports have emerged that the gold in question was part of a complex fraud scheme where a Saudi royal was allegedly conned of Ksh250 million that is now under investigation.

Nairobi News reported that the United Arab Emirates (UAE) wrote a protest letter asking for the release of gold owed to Ali Zandi who has connections to the Saudi Royal family.

The is said to have prompted a swift reaction by the Directorate of Criminal Investigations that saw a consignment of fake gold being seized Monday at the affluent Kileleshwa suburb.

ADVERTISEMENT

House raid

Reports claimed that Jhanda said he was the local representative of a Mr Ali Zandi of ZLivia, a gold trading company in the UAE, which had been listed in shipping documents showed to us.

As it has turned out, Mr Zandi did not get his gold shipment but he parted with money.

When sleuths raided the house in Kileleshwa suspected to have fake gold bars, eight vehicles including a Subaru, Mercedes Benz and a Toyota Land Cruiser Prado among others, which were parked near the house were towed to Kilimani Police Station.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Why Kenya has been chosen to help EU deal with dangerous rebels in Yemen

Why Kenya has been chosen to help EU deal with dangerous rebels in Yemen

Alternative saccos Forward Travellers' passengers can use after NTSA ban

Alternative saccos Forward Travellers' passengers can use after NTSA ban

Ruto addresses mūgūka ban & commits Sh500 million

Ruto addresses mūgūka ban & commits Sh500 million

CCTV footage shows moments before U.S. Embassy engineer was shot outside Kiambu club

CCTV footage shows moments before U.S. Embassy engineer was shot outside Kiambu club

Food & other expenses U.S. presidents pay from their pockets - What Kenya can learn

Food & other expenses U.S. presidents pay from their pockets - What Kenya can learn

How much Kenya Airways tickets could have cost for Ruto's U.S. trip - Report

How much Kenya Airways tickets could have cost for Ruto's U.S. trip - Report

Another county imposes ban on  sale and consumption of muguka

Another county imposes ban on sale and consumption of muguka

Former president Kenyatta to lead 60-member team for AU duty in South Africa

Former president Kenyatta to lead 60-member team for AU duty in South Africa

Reactions to Ruto's remarks that his private jet to U.S. was cheaper than travelling on KQ

Reactions to Ruto's remarks that his private jet to U.S. was cheaper than travelling on KQ

ADVERTISEMENT