How U.S.$82 Million Oil Scam Was Planned, Executed in Kenya

In mid-December 2008, Yagnesh Mohanlal Devani and Mahendra Pathak flew from Nairobi to Prayagraj in India, apparently hoping to cleanse themselves of their sins. The two wealthy Kenyans needed not just spiritual cleansing, but they were also allegedly looking to buy time as they negotiated their way out of a scandal. Their company, Triton, had been placed under receivership for non-payment of debts, but there was more coming. Their actions, in collusion with government officials, had allegedly created a massive fuel shortage, prompting complaints by oil marketers and banks. Some 126 million litres of fuel had disappeared into thin air - donors were fuming and the government was about to be plunged into a political and economic crisis. Mahendra Pathak was arrested in 2008, but 13 years later Yagnesh Mohanlal Devani is considered Kenya's most-wanted fugitive, writes Vincent Achuka for The Nation.


(file photo).

Don't Miss

AllAfrica publishes around 900 reports a day from more than 130 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.