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Echesa’s Land Cruiser V8 registration number is fake, DCI says

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Directorate of Criminal Investigations (DCI) detectives have established that the registration number KCW298Q of a Toyota Land Cruiser V8 that was impounded from former Sports Cabinet Secretary Rashid Echesa’s compound on Monday is forged.

The sleuths have traced the number to another vehicle – a Mazda belonging to a Ms Irene Mueni.

REGISTRATION

Consequently, the DCI is appealing to Ms Mueni to present herself to the detectives to assist in ongoing investigations.

On Monday, DCI officers attached to the Serious Crimes Unit raided the former CS’s home in Karen where they took away five cars.

They included the V8 (KCW298Q), a Lexus (KBY750U), a Volkswagen (KAY388A), a Mercedes Benz (KCL350J) and a pick up.

Mr Echesa has been accused of forging the registration details of a vehicle belonging to his deceased friend, Mr Patrick Akifuma, who died on March 14, 2016.

He was arrested, questioned and then released pending his arraignment in court over the matter.

According to a police affidavit, Mr Echesa would occasionally hire one of the deceased’s cars, a Toyota Landruiser V8, which he allegedly failed to return after his friend’s death.

OWNERSHIP

The deceased’s wife, Ms Esther Kabura, claims she later discovered that Mr Echesa had fraudulently transferred ownership of the said motor vehicle to his own name.

READ ALSO:   Echesa: Deputy President is my friend, I don’t need an appointment to meet him

In the meantime, detectives are yet to find a matching number plate for the pick up, even as the probe on each of the cars continues.

DCI detectives are also holding another vehicle belonging to Mr Echesa – a Range Rover.

It was impounded on February 17, 2020 when the former CS was arrested on allegations of attempting to defraud the Ministry of Defence out of Sh39 billion via a fake arms tender.

The former CS on Tuesday rushed to court and sued the DCI in a bid to get the Range Rover back.

By Nation


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News

Maradona dies at 60 following a heart attack

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Argentina legend Diego Maradona died on Wednesday at the he age of 60 following a heart attack. According to ESPN, Matias Morla, Maradona’s longtime agent, confirmed the news to of his demise.

He suffered a heart attack at his home in the outskirts of Buenos Aires on Wednesday, according to Argentine media as well as several acquaintances of the former player.

Maradona had recently battled health issues, even undergoing emergency surgery for a subdural hematoma several weeks ago.

Following his death, a statement from the Argentina Football Association read: “The Argentine Football Association, through its President Claudio Tapia, expresses its deepest pain at the death of our legend, Diego Armando Maradona. You’ll always be in our hearts.”

He was one of the most recognisable people in the world.

Maradona, who was born in 1960, captained Argentina to World Cup 1986 glory as well as reaching the final in 1990. At the height of his club career, at Napoli from 1984 to 1991, he helped the side win its only two Italian league titles. le people in the world.

According to ESPN, in 2004, he was hospitalised with severe heart and respiratory problems related to a long battle with drug addiction.

READ ALSO:   Save me from public transport, shame - Echesa tells court

Major news agencies report that he had undergone two gastric bypass operations to control his weight and received treatment for alcohol abuse.

Maradona is survived by his wife, Veronica Ojeda, two daughters, two sons, and his former wife, Claudia Villafane.


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Health

Janet Mbugua shares her Covid-19 scare

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Media personality Janet Mbugua has shared the tale of the time she faced a scare as thought she had contracted Covid-19 last month.

In a video she shared on Instagram, the former Citizen tv news anchor said she experienced Covid-19 symptoms which escalated quite quickly.

The video shows her being taken through the nasal swab test for Covid-19, which is known to very uncomfortable.

Luckily, the result for the mother of two came back negative.

Janet Mbugua said that her scary experience motivated her to fight the fear and stigma related to Coronavirus, and will use her platform to advocate for a vaccine.

This comes as Covid-19 cases continue to rise sharply in Kenya amid a rush by various pharmaceutical companies globally to come up with an effective vaccine.

By NN


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READ ALSO:   Echesa: My children are still asking me why I was sacked
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Business

How I made my first million

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At what age did you make your first million? 

I was 19.

How did you make it? 

I was running a creative design and printing agency. I bid for and won an order to design and print marketing materials for a global NGO which has offices in Kenya.

How did you spend or invest it? 

I re-invested most of it into the business by buying more machinery to reduce costs associated with outsourcing. I also set up a new business with a friend – a movie shop in Nairobi CBD.

The biggest money mistake you have ever made? 

Setting up the movie shop was the greatest money mistake – but I picked up two of the greatest business lessons. One, to never divest too early, and only invest in a business you understand well.

What is the best investment you have ever made?

 I would say investing in myself and in my exposure through travel. Travel has made me see endless possibilities for innovating new products, business models and solutions in the African market. A combination of the international exposure and strong local market understanding is priceless.

What is the worst purchase you have ever made? 

The movie shop. I bought a ready business that I did not understand and it went crumbling down. We eventually closed it a few months later.

READ ALSO:   Echesa: Deputy President is my friend, I don’t need an appointment to meet him

If you had a spare million or two, where would you invest it right now?

I would invest it in my current business – a software technology company. This is because I believe the business has potential to become a great success.

What is the biggest money lesson you have learnt about growing it and making it work for you? 

Initially, we all have to work for money. However, I have learnt that the wealthy person has learnt how to make money work for them, through consistently investing what one earns.

Where do you learn about finances? 

I read a lot of books about real success stories from entrepreneurs because I believe entrepreneurship is a great way to create wealth, while creating value in the society. I also stay curious to learn about different investment vehicles because I know I shouldn’t put all my eggs in one basket.

Any financial myths you think should be busted? 

Money is not the root of all evil; greed may be. Money is a good thing because it can create freedom and prosperity, if well spent.

What two personal finance rules do you follow? 

Live within your means; and work to make money as a tool to accomplish real goals. Real goals are not just about making “enough” money, because it is almost impossible to define “enough.”

READ ALSO:   Echesa: My children are still asking me why I was sacked

Investing or saving…Which one carries more weight?

Investing. However, they go hand to hand as saving to invest is acceptable.

One can get rich easily… but how does one stay rich? 

By constantly making calculated investment risks, and always striving to be wealthy, not rich.


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