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110 Pages«<106107108109110>
Alternative investment-Sport pesa
kingfisher
#2141 Posted : Friday, July 12, 2019 4:27:32 PM
Rank: Elder


Joined: 4/9/2008
Posts: 2,788
Angelica _ann wrote:
Who is licensed?


That is the spirit, let the rest fight their battles
When I have money, I get rid of it quickly, lest it find a way into my heart.
FRM2011
#2142 Posted : Sunday, July 14, 2019 10:51:38 AM
Rank: Elder


Joined: 11/5/2010
Posts: 2,356
On Monday, sportpesa will go to court and obtain orders to continue operating.

We will be here yapping "koti bandia" and "wakora network" simply because we failed to grasp the impact of the new katiba.

The underlying philosophy of our new constitution is to protect the citizen from the government. Matiangi and co have never understood this.

Omtata knows this very well and that is why he sues and wins every time. He doesn't even use a lawyer anymore.
Ngalaka
#2143 Posted : Sunday, July 14, 2019 11:49:26 AM
Rank: Veteran


Joined: 10/29/2008
Posts: 1,527
FRM2011 wrote:
On Monday, sportpesa will go to court and obtain orders to continue operating.

We will be here yapping "koti bandia" and "wakora network" simply because we failed to grasp the impact of the new katiba.

The underlying philosophy of our new constitution is to protect the citizen from the government. Matiangi and co have never understood this.

Omtata knows this very well and that is why he sues and wins every time. He doesn't even use a lawyer anymore.

The best thing to do under these circumstances is to negotiate.
Otherwise you can only register some unhelpful battle-win in court, but you can never win the war against the government as long as they have the resolve.

The Camel's back is broken via CA squeeze on paybill codes.

Courts can issue orders on the authorities,- how about the Telcos who know better than rub the Gov the wrong way!
Isuni yilu yi maa me muyo - ni Mbisuu
FRM2011
#2144 Posted : Sunday, July 14, 2019 2:40:24 PM
Rank: Elder


Joined: 11/5/2010
Posts: 2,356
Ngalaka wrote:
FRM2011 wrote:
On Monday, sportpesa will go to court and obtain orders to continue operating.

We will be here yapping "koti bandia" and "wakora network" simply because we failed to grasp the impact of the new katiba.

The underlying philosophy of our new constitution is to protect the citizen from the government. Matiangi and co have never understood this.

Omtata knows this very well and that is why he sues and wins every time. He doesn't even use a lawyer anymore.

The best thing to do under these circumstances is to negotiate.
Otherwise you can only register some unhelpful battle-win in court, but you can never win the war against the government as long as they have the resolve.

The Camel's back is broken via CA squeeze on paybill codes.

Courts can issue orders on the authorities,- how about the Telcos who know better than rub the Gov the wrong way!


Only once did the government win against the courts. The miguna case. As we talk, courts awarded miguna 7M. It's accruing interest everyday. The beauty of it, it is matiangi and immigration boss to pay, not the taxpayers.

Remember when president attempted to force recruitment of 10,000 police trainees after the garissa terrorist attack. Courts stopped him. The security and anti-terrorism bill ? Courts stopped them.

An ocs in ongata rongai has been ordered to pay 3.6M to 18 guys who were arrested on a weekend. From his own pocket.

If sportpesa obtain orders and government or safaricom plays hard ball, someone will compensate them every shilling they will lose during the shutdown.

I suspect William ruto knew this when he opposed the new katiba.
Lolest!
#2145 Posted : Sunday, July 14, 2019 2:41:54 PM
Rank: Elder


Joined: 3/18/2011
Posts: 11,640
Location: Kianjokoma
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
faa
#2146 Posted : Wednesday, July 17, 2019 8:00:41 AM
Rank: Member


Joined: 5/8/2007
Posts: 698
Word from the intelligence agencies have it that these beting companies are conduits of money laundering by certain politicians. Arap mashamba via proxies using betin Kenya to launder corruption money and other evils

A classified SportPesa dossier will be unleashed one day. In it are weird crooked deals including one for super senator sakaja.
Bigchick
#2147 Posted : Wednesday, July 17, 2019 8:28:44 AM
Rank: Elder


Joined: 2/8/2013
Posts: 3,700
Location: At Large.
faa wrote:
Word from the intelligence agencies have it that these beting companies are conduits of money laundering by certain politicians. Arap mashamba via proxies using betin Kenya to launder corruption money and other evils

A classified SportPesa dossier will be unleashed one day. In it are weird crooked deals including one for super senator sakaja.



This sounds very possible.

This guy represents everything bad in this country.I find it strange that he does not seem to care and his March to the house on the hill is unstoppable despite the negative publicity.
Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
Njunge
#2148 Posted : Wednesday, July 17, 2019 11:45:36 AM
Rank: Elder


Joined: 2/7/2007
Posts: 805
faa wrote:
Word from the intelligence agencies have it that these beting companies are conduits of money laundering by certain politicians. Arap mashamba via proxies using betin Kenya to launder corruption money and other evils

A classified SportPesa dossier will be unleashed one day. In it are weird crooked deals including one for super senator sakaja.


Is it betin or betway? That is where Arap Mashamba's friend, one Keep-Rono Key-Tony and his sis are shareholders.
Angelica _ann
#2149 Posted : Wednesday, July 17, 2019 12:00:41 PM
Rank: Elder


Joined: 12/7/2012
Posts: 10,698
Njunge wrote:
faa wrote:
Word from the intelligence agencies have it that these beting companies are conduits of money laundering by certain politicians. Arap mashamba via proxies using betin Kenya to launder corruption money and other evils

A classified SportPesa dossier will be unleashed one day. In it are weird crooked deals including one for super senator sakaja.


Is it betin or betway? That is where Arap Mashamba's friend, one Keep-Rono Key-Tony and his sis are shareholders.


Yao ni Betnjia not Betndani!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Njunge
#2150 Posted : Wednesday, July 17, 2019 12:21:18 PM
Rank: Elder


Joined: 2/7/2007
Posts: 805
Angelica _ann wrote:
[quote=Njunge][quote=faa]
Yao ni Betnjia not Betndani!!!


Ndio hiyo! That's the one Arap Land and his thiefing buddies have been using to launder.
whiteowl
#2151 Posted : Wednesday, July 17, 2019 12:29:16 PM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,340
Location: Bohemian Grove
Telecom and Airtel deposits are still working.Only mpesa was shut down.
freiks
#2152 Posted : Wednesday, July 17, 2019 2:03:28 PM
Rank: Veteran


Joined: 6/8/2010
Posts: 1,679
Njunge wrote:
faa wrote:
Word from the intelligence agencies have it that these beting companies are conduits of money laundering by certain politicians. Arap mashamba via proxies using betin Kenya to launder corruption money and other evils

A classified SportPesa dossier will be unleashed one day. In it are weird crooked deals including one for super senator sakaja.


Is it betin or betway? That is where Arap Mashamba's friend, one Keep-Rono Key-Tony and his sis are shareholders.

I thought Karauri=Uhunye from betting circles. Finding it funny that most Kiuks are painting Uhunye na baba wa Gold as white as snow. These two are the dark angels of corruption and plunder in Kenya
Life is an endless adventure
Queen
#2153 Posted : Wednesday, July 17, 2019 2:16:44 PM
Rank: Member


Joined: 11/21/2018
Posts: 155
Location: Britain
Njunge wrote:
Angelica _ann wrote:
[quote=Njunge][quote=faa]
Yao ni Betnjia not Betndani!!!


Ndio hiyo! That's the one Arap Land and his thiefing buddies have been using to launder.


Na hii Betika ni ya nani? Surely let no one tell us that all betting firms are non- compliant except this one. We are not boarding!
Njunge
#2154 Posted : Wednesday, July 17, 2019 2:31:35 PM
Rank: Elder


Joined: 2/7/2007
Posts: 805
whiteowl wrote:
Telecom and Airtel deposits are still working.Only mpesa was shut down.


What????? . Ifikie Matiang'i.
Queen
#2155 Posted : Wednesday, July 17, 2019 2:37:48 PM
Rank: Member


Joined: 11/21/2018
Posts: 155
Location: Britain
whiteowl wrote:
Telecom and Airtel deposits are still working.Only mpesa was shut down.


True, Sportpesa confirmed that on Twitter yesterday.
Njunge
#2156 Posted : Wednesday, July 17, 2019 4:53:30 PM
Rank: Elder


Joined: 2/7/2007
Posts: 805
Queen wrote:
whiteowl wrote:
Telecom and Airtel deposits are still working.Only mpesa was shut down.


True, Sportpesa confirmed that on Twitter yesterday.


What was the point then?
whiteowl
#2157 Posted : Wednesday, July 17, 2019 5:38:49 PM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,340
Location: Bohemian Grove
Njunge wrote:
Queen wrote:
whiteowl wrote:
Telecom and Airtel deposits are still working.Only mpesa was shut down.


True, Sportpesa confirmed that on Twitter yesterday.


What was the point then?


Whatever he is doing is not banning betting firms and "saving the youth". These govt guys have some other motive.Also the tax story doesn't add up.KRA has given Sportpesa top taxpayer award 3 years in a row.
Angelica _ann
#2158 Posted : Wednesday, July 17, 2019 6:05:59 PM
Rank: Elder


Joined: 12/7/2012
Posts: 10,698
whiteowl wrote:
Njunge wrote:
Queen wrote:
whiteowl wrote:
Telecom and Airtel deposits are still working.Only mpesa was shut down.


True, Sportpesa confirmed that on Twitter yesterday.


What was the point then?


Whatever he is doing is not banning betting firms and "saving the youth". These govt guys have some other motive.Also the tax story doesn't add up.KRA has given Sportpesa top taxpayer award 3 years in a row.


But it was real witch-hunting mpaka they influence CBK to notify banks that the annual trading license have not been renewed. Which banks asks for annual licenses for you to operate the account.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
mkenyan
#2159 Posted : Thursday, July 18, 2019 8:00:05 AM
Rank: Veteran


Joined: 4/1/2009
Posts: 1,759
Angelica _ann wrote:
whiteowl wrote:
Njunge wrote:
Queen wrote:
whiteowl wrote:
Telecom and Airtel deposits are still working.Only mpesa was shut down.


True, Sportpesa confirmed that on Twitter yesterday.


What was the point then?


Whatever he is doing is not banning betting firms and "saving the youth". These govt guys have some other motive.Also the tax story doesn't add up.KRA has given Sportpesa top taxpayer award 3 years in a row.


But it was real witch-hunting mpaka they influence CBK to notify banks that the annual trading license have not been renewed. Which banks asks for annual licenses for you to operate the account.

no witch hunting here. all betting firms were given time to put their house in order otherwise their licenses would not be renewed. and yeah, betting is a regulated industry (like banks, insurance companies, telecommunication companies etc) whose licensing is pretty competitive, subject to certain conditions and renewable.

we should be in fact cheering the government for finally bringing some sanity in this sector which had been fraught with incompetent regulation and enforcement.

like with banks and telecom companies the competent authority not only wanted tax compliance but also vetting and approval of shareholders and directors. by shareholders and directors they always insist on knowing the actual natural persons. so if they are companies they insist on knowing the people behind the companies and will ask for details until ultimately they get the natural persons even if it takes going through thousands of proxy companies. if the people are not acceptable to the competent authority then the licenses don't get issued or renewed.

ask yourself this question; if you were unable to know the identify of the shareholders and directors behind a bank or insurance company or if their had tax problems, will you be against the cbk suspending its license?

sportpesa seemingly has two problems - tax and the suitability of the natural persons behind them. those are the issues they need to address.
and it is not only sportpesa whose license was not renewed - more than twenty companies were affected.

so sportpesa needs to stop all the misleading pr campaign and put its house in order.
Angelica _ann
#2160 Posted : Thursday, July 18, 2019 10:39:30 AM
Rank: Elder


Joined: 12/7/2012
Posts: 10,698
Welcome to BetLions smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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