Cyprian Is Nyakundi
Fraud

Safaricom KPMG Audit: How Former Safaricom Employee Defrauded The Telco Millions

Scouring through the Safaricom KPMG Forensic Jumbo, One fails to understand why the Kenyan and UK investigating agencies failed to crack down on various individuals named in the forensic audit report, despite a clear trail and mountains of evidence.

Others like John Tombleson- The brains behind the One Campus Fraud, Dodged the Bullet by being transferred by Vodafone to another place, Probably to continue with more fraud.

Caption: Former Safaricom CFO John Tombleson was recalled after this site exclusively leaked the KPMG Audit that detailed various procurement weaknesses (Opportunities for others to eat ). The UK Serious Fraud office should hold into account all people mentioned in the KPMG Fraud Report if they are really a credible institution. Hey, Ksh. 300 BN is being contested here!

We have tried to let go this report but somehow had sleepless nights, considering the cancerous effect the culture of impunity has had on our country. Looking at our media, nobody wants to keep Safaricom accountable because of various interests, for instance, the revenue they earn through adverts.

So, efforts to shield Kenyans and Safaricom from the Truth will always be made, but we have the new media aided by digital disruption with a recent report revealing that 60% of Kenyans have smartphones. So the truth MUST always be Out !!!

The Safaricom KPMG Report exposed how Safaricom Insiders had formed themselves into powerful cartels, gamed the system and benefitted illegally at the expense of shareholders.

We will keep serializing this KPMG Jumbo and name all those that were involved for the sake of the truth and posterity. It will be a grave Mistake if this report is not simplified for the masses to know how corporate Nairobi operates with Impunity, cronyism and outright favoritism.

Jayden was engaged to provide activation services in all the nine Safaricom activation categories. According to Safaricom KPMG Forensic audit report, Jayden received purchase orders worth Ksh 171,610,411.28 in the period under review.

According to the contract between Jayden and Safaricom, the Agency was supposed to provide photographic and Video evidence to Safaricom after the completion of the activation but this shadowy agency never provided KPMG Auditors this information for consideration.

The KPMG Auditors also noted that they were never provided with performance review details for Jayden, analyzing how it had performed according to contracted terms!

What follows a Movie detailing how Jayden defrauded Kenya’s biggest Money-Spinner, Safaricom.

KPMG Auditors Visited 35 Stations to confirm activations by Jayden even though their sample was limited due to scanty details they were provided on the Purchase Orders and Invoices. The Auditors revealed that 4 out of the 35 activation events selected did not take place, but Jayden had invoiced Safaricom for three of the events that had not happened, and Safaricom had PAID! Outright theft and insider dealing!

Jayden received Ksh. 2,258,219.86 for the three activations that never took Place! We wondered why all this was approved hastily and why then….We assume there is more Loot because this was just a sample!

On further inquiry, KPMG Auditors came to learn that one of the shareholders of Jayden Peter Chege Mugo had worked for Safaricom in management position between 2001 and 2007! Open conflict of interest.

We have attached the activations that never took place but were paid for by the Safaricom Insiders who probably met in some Joint, High-Fived and bragged how they are geniuses.

Our One Campus and Big Box Series showed how our friends at Safaricom gamed the system, something which is always depicting itself all over the KPMG Report.

Despite simplifying the Saga for Various investigating agencies, nothing has yet been done. When we had the Chickengate Scandal, the Serious Fraud office was quick to crack down on them and even jail others, something which was done because the chaps were probably small fish. But when something concerns a profitable company like Vodafone-Owned Safaricom, Our friends at Serious Fraud office go missing despite mountains of evidence linking UK Citizens. Wow !

If the insiders that ripped off Safaricom through these activation agencies are not held into account, a bad precedent will be set. Future agencies will just sign contracts, never deliver but still get paid and WALK FREE.

Is Jayden still working with Safaricom ? If so, how and why or under who’se protection . Then lastly …

The Question that Keeps replaying is, Shouldn’t Safaricom CEO Bob Collymore be held to account for failing to stop these sagas? Hey our friends at SFO, Your silence is deafening



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