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2009 Triton Oil Scandal
The 2009 Triton Oil scandal involved the unauthorized release of oil by Kenya Pipeline Company (KPC) without informing financiers. This oil scandal became public in January 2009. The release of the oil occurred in 2008 when Triton Oil Company was allowed by KPC to withdraw oil amounting to KSh.7.6 billion/= or ( US$98.7 million). The company collapsed shortly afterward, withdrawing the oil and selling it to the market. Triton Oil was owned by Yagnesh Devani. Kenya has issued a warrant to arrest him, but as of January 2010 he was at large and believed to be in hiding abroad.Daily Nation, January 2, 2009: o end to Triton saga one year on http://www.nation.co.ke/business/news/-/1006/834932/-/hejqv2z/-/index.html/ref> References Politics of Kenya Triton Oil Scandal Triton Oil Scandal Law of Kenya Corruption in Kenya {{Kenya-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kenya Pipeline Company
Kenya Pipeline Company (''KPC'') is a state corporation that has the responsibility of transporting, storing and delivering petroleum products to the consumers of Kenya by its pipeline system and oil depot network. Overview The Kenya Pipeline Company was incorporated on 6 September 1973 and started commercial operations in 1978. The company is a state corporation under the Ministry of Energy with 100% government shareholding. Kenya Pipeline Company operates a pipeline system for transportation of refined petroleum products from Mombasa to Nairobi and western Kenya towns of Nakuru, Kisumu and Eldoret. Working closely with the National Oil Corporation of Kenya, KPC operates 5 storage and distribution depots for conventional petroleum products, located in Eldoret, Kisumu, Mombasa, Nairobi and Nakuru. Depots are fed by domestic-manufactured product from the Kenya Petroleum Refinery near Nairobi and imported, refined petroleum product from the Kipevu Oil Storage Facility near ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kenyan Shilling
The shilling ( sw, shilingi; abbreviation: KSh; ISO code: KES) is the currency of Kenya. It is divided into 100 cents. Notation Prices in the Kenyan shilling are written in the form of , where x is the amount in shillings, while y is the amount in cents. An equals sign or hyphen represents zero amount. For example, 50 cents is written as "" and 100 shillings as "" or "100/-". Sometimes the abbreviation ''KSh'' is prefixed for distinction. If the amount is written using words as well as numerals, only the prefix is used (e.g. KSh 10 million). This pattern was modelled on sterling's pre-decimal notation, in which amounts were written in some combination of pounds (£), shillings (s), and pence (d, for denarius). In that notation, amounts under a pound were notated only in shillings and pence. History The Kenyan shilling replaced the East African shilling in 1966 at par. Coins The first coins were issued in 1966 in denominations of , , and , and 1/= and 2/= ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
US Dollar
The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Politics Of Kenya
The politics of Kenya take place in a framework of a presidential representative democratic republic, whereby the President of Kenya is both head of state and head of government, and of a multi-party system in accordance with a new constitution passed in 2010. Executive power is exercised by the executive branch of government, headed bthe President who chairs the cabinet, that is composed of people chosen from outside parliament. Legislative power is vested exclusively in Parliament. The judiciary is independent of the executive and the legislature. The Political terror scale gave the country a rating of a 4 meaning that civil and political rights violations had expanded to large numbers of the population. Murders, disappearances, and torture were a common part of life. In spite of its generality, this level of terror affected those who interested themselves in politics or ideas. Executive branch , President , William Ruto , United Democratic Alliance , 13 September 2022 , ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2009 In Kenya
A list of happenings in 2009 in Kenya: Incumbents * President: Mwai Kibaki * Vice-President: Kalonzo Musyoka * Chief Justice: Johnson Gicheru Events January *January - Two corruption cases, the 2009 Triton Oil Scandal and the 2009 Kenyan Maize Scandal broke out. *January 16 - Kenya makes an international food appeal due to drought-induced famine in certain parts of the country *January 23 - Amos Kimunya is appointed the Minister of Trade. Kimunya resigned from the post of Minister of Finance in July 2008 due to Grand Regency Scandal. Former minister of Trade Uhuru Kenyatta is now appointed for the vacant position of Minister of Finance. *January 28 - A Nakumatt supermarket in the Nairobi CBD was destroyed by a fire (main article: 2009 Nakumatt supermarket fire). *January 31 - An oil spill ignition kills over 50 people in near Molo town (main article: 2009 Kenyan oil spill ignition). February *February 19 - Kenyan fishermen are forced to flee the disputed Migingo Is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2009 In Law
9 (nine) is the natural number following and preceding . Evolution of the Arabic digit In the beginning, various Indians wrote a digit 9 similar in shape to the modern closing question mark without the bottom dot. The Kshatrapa, Andhra and Gupta started curving the bottom vertical line coming up with a -look-alike. The Nagari continued the bottom stroke to make a circle and enclose the 3-look-alike, in much the same way that the sign @ encircles a lowercase ''a''. As time went on, the enclosing circle became bigger and its line continued beyond the circle downwards, as the 3-look-alike became smaller. Soon, all that was left of the 3-look-alike was a squiggle. The Arabs simply connected that squiggle to the downward stroke at the middle and subsequent European change was purely cosmetic. While the shape of the glyph for the digit 9 has an ascender in most modern typefaces, in typefaces with text figures the character usually has a descender, as, for example, in . The mod ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Law Of Kenya
Law is a set of rules that are created and are enforceable by social or governmental institutions to regulate behavior,Robertson, ''Crimes against humanity'', 90. with its precise definition a matter of longstanding debate. It has been variously described as a science and as the art of justice. State-enforced laws can be made by a group legislature or by a single legislator, resulting in statutes; by the executive through decrees and regulations; or established by judges through precedent, usually in common law jurisdictions. Private individuals may create legally binding contracts, including arbitration agreements that adopt alternative ways of resolving disputes to standard court litigation. The creation of laws themselves may be influenced by a constitution, written or tacit, and the rights encoded therein. The law shapes politics, economics, history and society in various ways and serves as a mediator of relations between people. Legal systems vary between jurisdictions, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
