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Preaching by: John J. Malone, Sr - JABSBG*

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A Lesson Previously Learned. - Comments (2)

Printer Friendly Category: Behind the Lines,Venture in Africa
Author: John Malone
Date: 20th August, 2006 @ 11:35:20 PM

Some paths you only need to explore once.

My investment had been expropriated by a foreign government by police force. There was no subtlety involved at all.

About nine years earlier, we had an incident arise whereby a Kenyan bank simply took money – a lot of money – by crediting our crossed bank cheque to the account of account of a friend of one of the bank’s management, who was clearly not the payee. As we looked into the crime, we discovered the bank was run by a long-time poltical crony of the Kenyatta family.