SNOWBALLThis is the story of a sweet deal that was crafted to ostensibly rescue an ailing postal corporation and how it ended up in a fiasco. Alan, who claimed to be Africa’s sales manager for US company Spacenet Inc, with a registered office in McLean, Virginia, had a proposal, nay a multimillion-shilling offer. To make the matter more complex, Gilat Alldead assigned provision of labour and transport to yet another company, Gilat Alldead Africa whose shareholder was Nairobi-based businessman Pritpal Thethy. The Postal Corporation satellite project was one of them. During these cases it emerged that the man behind the entire deal was Perera — the financial beneficiary of First Mercantile.

Source: Daily Nation May 12, 2019 04:52 UTC