Updated Tue, September 6th 2016 at 00:00 GMT +3Former Uchumi Chief Executive Officer Dr. Jonathan CianoNAIROBI: An audit report has finally lifted the corporate veil on the mess at Uchumi Supermarkets. In one of the startling discoveries, audit firm KPMG’s Factual Findings Report details how the wife of the retail chain’s former boss, Jonathan Ciano, became Uchumi’s fresh produce supplier. The report further notes that Mr Ciano, who is one of Kenya’s most celebrated turnaround CEOs, failed to disclose that he was related to the fresh produce supplier. It lists Ciano and his former chief finance officer, Chadwick Okumu, as some of the people with a case to answer, alongside three other employees. The board dismissed Ciano and Mr Okumu in June last year on allegations of fraud and misconduct.
Source: Standard Digital September 05, 2016 20:37 UTC