/ 1 February 2001

KENYAN TYCOON MUST FACE TRIAL

KENYAN tycoon Kamlesh Pattni has lost his bid to avoid being tried on charges related to the biggest – and most complex – financial scandal in Kenya’s history. Three judges in the constitutional court judges ruled that Pattni, a key player in the so-called Goldenberg Affair, must face trial on charges of defrauding the government of more than $200m. At the heart of the Goldenberg Affair, which first broke in 1994, is the alleged fraud of some $200m worth of export bonuses for fictitious sales of gold and diamonds. Pattni is jointly charged with former Permanent Secretary Wilfred Koinange and former Central Bank Deputy Governor Eliphaz Riungu – AFP