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Triston scandal: welcome home, Yagnesh Devani

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Devani, a man with a deceitful persona, was in a class of his own and when he pulled the Triton scam, he not only left the country reeling with an oil shortage but left so many unanswered questions.

For his part, Mr Okungu, weeks after he was fired over the Triton scandal, was charged but not over the release of processed petroleum worth Sh7.6 billion to Devani, but for selling some KPC houses worth more than Sh60 million.

Now the UK government has decided to hand over Devani to Kenya and soon we shall know the truth behind the Triton oil scandal and all those who were involved.

Devani had registered his company, Triton Petroleum Ltd, in 2000 to cash in on the open tender system that had been introduced to help small indigenous oil companies to access fairly priced crude oil for processing at the refinery in Mombasa.

But Mr Devani, with the collusion of some managers at KPC, managed to circumvent the financiers and had the oil passed on to third parties with the payments never getting to the joint accounts of the financiers and Triton.

Source: Daily Nation - Breaking News, Kenya, Africa, Politics, Business, Sports | HOME

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