Kenyan President Named in New Leaked Financials

Uhuru Kenyatta and his family are among the world leaders said to have hidden away billions of dollars in secret offshore accounts. Records obtained by the International Consortium of Investigative Journalists show the Kenyatta family has a half-billion-dollar fortune tied up in at least seven foundations and tax havens in various countries, including Panama and the British Virgin Islands. The Pandora Papers also reveal that the Kenyattas secretly owned a number of offshore shell companies in the British Virgin Islands. One of the companies, owned by Uhuru’s brother Muhoho, had a bank account that held an investment portfolio worth $31.6 million in 2016. From 1999 to 2004, Uhuru’s mother, Ngina and his two sisters held shares in a BVI company they used to buy an apartment in an upscale London neighborhood.

SOURCE: VOA

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