Hii ndiyo Kagoda

[mwanakijiji]

Kuweza kuelewa hii soma habari ya ukurasa wa mbele juu ya "Kagoda"

http://www.mwanakijiji.com/images/stories/habari/politics/nyaraka.jpg

[mwanakijiji]

Tutakuletea nyaraka nyingine kuhusu Kagoda.. wakati huo huo subiri ripoti yetu maalumu kuhusu ATCL...

[Ach-F]

Halafu na sisi tunajidai ati tuna serikali! Serikali ya majambazi.

[mwanakijiji]

Wiki ijayo tutaandaa ripoti ambayo itakuwa ya kwanza ya aina yake kwa TZ..

[Mpenda amani]

Kwa wale wanaojua kusoma miandiko watusaidie sahihi za Bahati na Tabu. Mi sijui ila nikiziangalia naona kama ni za kusadikika.

[mwanakijiji]

This Day

KAGODA Agriculture Limited signed a secret document with the Bank of Tanzania (BoT) to facilitate the illegal payment of more than $30.8m (approx. 40bn/-) from the external payment arrears (EPA) account, it has been revealed.

According to latest THISDAY findings, the secret document exposes the real beneficiary of the funds embezzled from the key BoT forex account during 2005/06.

It has been widely reported that two virtually unknown individuals - John Kyomuhendo and Francis William � were used by at least two prominent local business tycoons as fronts to camouflage their (tycoons) real involvement in Kagoda.

Kyomuhendo, whose name was used for documentation purposes as ?director? of Kagoda, is understood to have given power of attorney to one of the business tycoons immediately after the central bank transferred the funds to the company?s accounts.

This tycoon, believed to have actually employed Kyomuhendo in one of his well-known companies, quickly withdrew the funds from Kagoda?s bank accounts and used an elaborate money-laundering scheme provided by an equally well-known business partner to hide the monies elsewhere.

Officials close to the EPA scandal investigation led by Attorney General Johnson Mwanyika now say a written contract was prepared by the then BoT governor Dr Daudi Ballali (now deceased) as an ??insurance policy?? should anything go wrong after the huge payment was made to Kagoda.

??When Ballali was given instructions from the highest levels of government to approve the dubious payment to Kagoda, he decided that there should be some sort of written understanding between the central bank and the real beneficiary of the funds paid to Kagoda,?? said a well-placed source familiar with the scandal.

The source added: ??While Ballali certainly cannot be absolved from blame, there were powerful people in government who ordered him to authorise the payments to Kagoda.??

Insiders say several other documents that are yet to be made public name senior officials in the third phase government of ex-president Benjamin Mkapa who ??forced Ballali to okay the payment of more than 40bn/- to Kagoda.??

Imani David Mwakosya, who was the Head of Bilateral and Commercial Debt (HBCD) at the BoT at the time of the 133bn/- EPA scandal, is said to be one of ??only a few people aware or in possession of the secret document between the BoT and Kagoda.??

Mwakosya, who is also one of only two suspects still being held in remand prison in the ongoing EPA scandal prosecutions, is reported to hold ??valuable secrets?? related to the scandal.

And auditors who uncovered the scandal identified Mwakosya as the person ??primarily responsible for EPA account administration.??

Prosecutors have so far filed criminal charges against a total of 20 people at the Kisutu Resident Magistrate?s Court in Dar es Salaam in connection with the EPA scam.

Eighteen of the accused persons have been released on bail. They include Mwakosya?s former boss at the central bank, Ms Esther Komu, who was the deputy director of the BoT Debt Department (DDDD) which falls under the directorate of economic policy.

The prosecution team has already announced that Peter Noni, who served as BoT Director of Economic Policy, is among the many witnesses it will call to the stand to testify in the upcoming trial hearings.

After serving as director of economic policy, Noni was appointed to the post of BoT Director of Strategy Planning and Performance Review.

Other senior BoT officials scheduled to appear in court as prosecution witnesses have been named as Tamali Mwakilema, who has also served as deputy director of the BoT debt management department, Emmanuel Boaz, Elisa Isanja, Rashid Mwanga, Samwel Mark, Athumani Mtengeli, and Stela Chaula.

The Assistant Registrar of the Business Registration and Licensing Authority (BRELA), Andrew Mkapa, and senior officials from the Kenya Commercial Bank (KCB) and Commercial Bank of Africa (CBA) have also been listed as prosecution witnesses in the EPA trials.

[mwanakijiji]

How BoT failed to probe Kagoda fraud




THISDAY REPORTER
Dar es Salaam

INTERNAL documents from the Bank of Tanzania show that senior central bank officials failed to institute an investigation against Kagoda Agriculture Limited in 2005 even after the company produced clearly-forged documents to loot billions of shillings from the notorious external payment arrears (EPA) account.

According to latest THISDAY findings, the forged Kagoda documents presented to the BoT included two deeds of assignment that quoted the currency of some old debts owed to German companies dating back to before 1999 in euros instead of deutsche marks.

Germany adopted the euro on January 1, 1999, and was using its own national currency (deutsche marks) before the single European currency was introduced on that date.

The Kagoda forgers used two deeds of assignment signed on October 18, 2005 relating to two German companies - Lindeteves J Export BV and Hoechst - that quoted a total amount of 1,164,402.76 euros.

Although BoT officials correctly established that the quoted currency was false, instead of following up by ordering a probe into Kagoda, the central bank actually helped the dubious company to correct the error so it could benefit from the EPA account funds.

Official BoT documents show that central bank officials wrote to Kagoda Agriculture Limited advising them to correct the currency from euros to deutsche marks.

And incredibly, just two days after being informed by BoT officials that they had used the wrong currency, the Kagoda forgers managed to come up with new deeds of assignment purportedly signed by the German creditor companies in deutsche marks instead of euros.

Investigations by THISDAY have revealed that senior BoT officials, including the then governor Dr Daudi Ballali (now deceased), approved the payments to Kagoda after aiding the company to re-submit the documents in the proper currency.

In 2006, the bank?s then auditors Deloitte & Touche raised audit queries on why a total of 8,196,673,600.53/- had been released to Kagoda even after the currency mix-up had been uncovered.

??We find it highly unusual and doubtful that a foreign creditor assigning such significant amounts of money would sign off for the wrong currency,?? said the international auditing company in its audit query to Ballali.

It added: ??It is also striking that the foreign creditors? directors allegedly were either still in the country or returned to Tanzania within two days to sign the revised guarantees.??

Deloitte & Touche advised the BoT to institute a formal investigation into Kagoda and also carry out a search of immigration records to establish whether or not officials of the German creditor companies had really been in the country.

But instead of heeding this advice, Ballali opted to sack Deloitte & Touche as the BoT auditors and proceeded with the highly-dubious payments to Kagoda.

It has been established that a number of officials at different levels within the BoT hierarchy were involved in approving and processing payments amounting to 40bn/- to the Kagoda company.

It is furthermore understood that the involvement of key central bank officials in the fraudulent payments to Kagoda towards the end of 2005 ascended to the top leadership under the then governor, Ballali.

Internal BoT memos show that one of the accused persons in the ongoing EPA embezzlement trials, Imani Mwakosya, was the head of bilateral and commercial debt (BCD) at the BoT during the 133bn/- EPA looting scandal in 2005/06, and personally handled all payments made to Kagoda.

Sources close to the EPA scandal investigation say Mwakosya could turn out to be a ??star prosecution witness?? if the government finally decides to prosecute the elusive Kagoda case.

He is one of four senior BoT officials indicted at the Kisutu Resident Magistrate?s Court in Dar es Salaam in connection with the EPA looting scandal. Others are the bank?s former deputy director of the debt department (DDDD), Ms Esther Komu, and two acting company secretaries (lawyers) of the bank, Bosco Ndimbo Kimola and Sophia Joseph Lalika.

[Ndahani]

Kila chenye mwanzo hakikosi mwisho...haya nayo yataisha tu kwa ushindi mkubwa dhidi ya mafisadi

[moelex23]

Mwanakijiji, mungu aendelee kukubariki.

[mwanakijiji]

Moelex ulifanikiwa kupata ile taarifa uliyokuwa unatafuta?

[Baraka]

Mwanakijiji nashukuru kwa kutuweka live. Naomba tuzidi kufocus kwenye issues. Tunataka kusahau issue za msingi, watu wamepata jeuri mpaka wanadiriki kuomba jopo la majaji kuwasafisha!!! kashfa kubwa sana. Ila nadhani CCM imeshikwa pabaya safari hii. Tuone watatoka vipi

[Mpita Njia]

Ila nadhani CCM imeshikwa pabaya safari hii. Tuone watatoka vipi

Wameshikwa na nani?

[moelex23]

Moelex ulifanikiwa kupata ile taarifa uliyokuwa unatafuta?

Hapana mkuu, sijapata bado na naona hilo file la Kagoda unveiled hapo juu lina matatizo nimedownload lakini archive naona ina matatizo..

Nitashukuru kama unaweza kunipatia mkuu au kama unaweza kupost hapo juu page 1, sababu umepost page 2 inayoonyesha kagoda address sawa na Afritainer, so kama utaweza weka page 1 ambayo inaonyesha malipo toka BOT kwenda kwa Afritainer.

thanks mkuu

[tembeleh2]

kama wafuatiliaji wa mambo tunasema kwamba asante sana kwa kutudhihirishia mambo ambayo si rahisi kuyapata, hii kagoda imejulikana sasa. Sijui tunakwqenda wapi? imefikia hatua ya viongozi kuumbuana wenyewe kwa kusema kwamba hakuna msafi CCM,hii inamaana hata msemaji mwenywe si safi. Nimalizie kwa kusema kwamba nchi yetu tuipendayo inaelekea kubaya.

[Ng'wana Diyu]

Mkuu mbona hiyo document ambayo iko zipped inakataa kufunguka? Au ni mimi pekee ninayeshindwa, hii ni mara ya tano sasa najaribu. Mwanzoni nilidhani ni net-work problems, si unajua tena ile cable tuliambiwa itapunguza gharama za mawasiliano naona wanaofaidika na punguzo ni wawekezaji, huduma wala gharama hazijabadilika

[Ach-F]

Mkuu mbona hiyo document ambayo iko zipped inakataa kufunguka? Au ni mimi pekee ninayeshindwa, hii ni mara ya tano sasa najaribu. Mwanzoni nilidhani ni net-work problems, si unajua tena ile cable tuliambiwa itapunguza gharama za mawasiliano naona wanaofaidika na punguzo ni wawekezaji, huduma wala gharama hazijabadilika

Hata kwangu hiyo zipped inaonekana kuwa corrupted, lakini kama pdf imekubali nafikiri documents zote ziko sawa i.e. ukifungua moja na ile ya pili ndiyo iko hivyo hivyo. Good luck.