Mr. Kuku ahukumiwa kulipa fidia TSh. Bilioni 5.4, faini Tsh. Milioni 5 au jela miaka 5

Mr. Kuku ahukumiwa kulipa fidia TSh. Bilioni 5.4, faini Tsh. Milioni 5 au jela miaka 5

Banking system ya Tanzania haina integrity.

Mfumo wa benki wa Tanzania hauna integrity.

Mfumo wa wapi una integrity ????????????????

VIUNGA VYA UINGEREZA
Barclays Says It 'Deeply Regrets' Forex Scandal, fined $2.4 billion | Agence France Press |

Standard Chartered Fined $1.1 Billion for Violating Sanctions and Anti-Money Laundering Laws | New York Times |

VIUNGA VYA USWISI
CREDIT SUISSE pleads guilty to criminal conspiracy to assist U.S. tax payers in filing false returns | REUTERS |

UBS fined $14.5M for willful violation of Bank Secrecy Act | WALL STREET JOURNAL |

VIUNGA VYA SCOTLAND
Lloyds Bank faces fresh police inquiry over fraud claims
| Daily Telegraph |

Royal Bank of Scotland fined $4.9 billion for misleading investors | CBS NEWS |

VIUNGA VYA AUSTRALIA
Citigroup and Deutsche Bank face Australian 'criminal cartel' charges | CNN |

National Australian Bank faces half a billion dollar fine after dodgy loan allegations
|GLADSTONE OBSERVER |

VIUNGA VYA UJERUMANI
Commerzbank Admits to Sanctions and Bank Secrecy Violations, Agrees to Forfeit $563 Million and Pay $79 Million Fine | Bloomberg News |

Deutsche Bank CEO is 'sick and tired of bad news | CNN Business |

ABN Amro Offices Raided by Police in Frankfurt Over Tax Scandal | Bloomberg |


VIUNGA VYA SPAIN
Spain's second-largest bank, Banco Bilbao, charged with corruption | Deutche Welle |

BANCO SANTANDER fined €16.9m over mis-selling scandal | Financial Times |

Spain's second-largest bank BBVA charged with corruption

VIUNGA VYA UFARANSA
BNP Paribas Admits Guilt, to Pay $8.9 Billion Fine to U.S. |The New York Times |

Société Générale, France's Third Largest Bank, to Pay $1.3billion in Criminal Penalties for Bribing Libyan Officials and Manipulating LIBOR Rate | REUTERS |

VIUNGA VYA UHOLANZI
European bank caught laundering Mexican drug money
| CNN Money |

Rabobank NA Pleads Guilty, Agrees to Pay Over $360 Million
| Associated Press |

ABN Amro Offices Raided by Police in Frankfurt Over Tax Scandal | Bloomberg |

VIUNGA VYA CANADA
Royal Bank of Canada to Pay $35 Million Penalty for Illegal Wash Sales, Fictitious Sales, Noncompetitive Transactions | REUTERS |

TD Bank Executive Pleads Guilty to Role in Ponzi Scheme | Wall Street Journal |

VIUNGA VYA MAREKANI
JP Morgan Chase admits to market manipulation, to pay $920m | The Guardian |

Wells Fargo Will Pay Customers $386 Million Over Auto Insurance Fraud | REUTERS |

Homeowners Claim Bank of America Schemed to Steal Their Homes | CNews |

Citigroup Agrees to $97.4 Million Settlement in Money Laundering Inquiry | New York Times |

KWA PELE
Banco do Brasil managers targeted in $48 million money laundering probe | Reuters

Brazil Court Accepts Criminal Charges Against Banco Bradesco CEO | Wall Street Journal |

VIUNGA VYA HONG KONG
Hong Kong regulator imposes $4.2M fine on the Bank of East Asia for stock dealing breaches | The Standard |

Hong Kong police raid church hours after pastor said HSBC froze accounts | The Guardian |

VIUNGA VYA JAPAN
Bank of Tokyo-Mitsubishi to pay $250 million for wire violations | Financial Times |

Japan Post Bank apologizes after a 60 million yen e-pay scam | ASAHI NEWS |


Photo/IllutrationNorito Ikeda, president of Japan Post Bank Co., and Susumu Tanaka, executive VP apologizing on Sept. 24 in Tokyo
 
Naufatilia mtanange wenu kwau'karibu zaidi

Cc Kiranga

Cc Pellman


Amefanya kufuru, ametukana wafia nchi na mifumo ya nchi tunayojaribu kuijenga kwa kadri tuwezavyo.

Amesema baba yake alitaka kutoa mamilioni ya dola
kutoka NMB kwenda CITIBANK kwa sababu benki zetu hazina siri na hazina integrity. Wazee serikalini wakambembeleza usifanye hivyo Mzee, vibaya hivyo ujue. Nikamwambia, anajali siri , kwa nini alienda kujitangaza nina madola NMB, akaruka kimanga akasema ni hela za serikali. Hela za serikali kwa nini baba yako alitaka ziwe siri, na baba yako anapataje utashi wa kujiamulia kuhamisha hamisha madola ya serikali kama zake, wewe ni Jesca Magufuli au Ridhiwani Kikwete? Katweta.

Benki za wapi zina integrity ? Katweta.
 
[emoji23][emoji23][emoji23][emoji23] kumbe Kiranga anakimbiaga

Ukimbishana nae kuhusu Mungu humuwezi
 
Amefanya kufuru, ametukana mifumo ya nchi tunayojaribu kuijenga kwa kadri tuwezavyo.

Amesema baba yake alitaka kutoa mamilioni ya dola equivalent kutoka NMB kwenda CITIBANK kwa sababu benki zetu hazina siri na hazina integrity.

Benki za wapi zina integrity ? Katweta, kalowa chepe chepe!
[emoji23][emoji23][emoji23][emoji23] baba yake alikua Nani kwenye hi nchi?

Kiranga
 
Mfumo wa benki wa Tanzania hauna integrity.

Mfumo wa wapi una integrity ????????????????

VIUNGA VYA UINGEREZA
Barclays Says It 'Deeply Regrets' Forex Scandal, fined $2.4 billion | Agence France Press |

Standard Chartered Fined $1.1 Billion for Violating Sanctions and Anti-Money Laundering Laws | New York Times |

VIUNGA VYA USWISI
CREDIT SUISSE pleads guilty to criminal conspiracy to assist U.S. tax payers in filing false returns | REUTERS |

UBS fined $14.5M for willful violation of Bank Secrecy Act | WALL STREET JOURNAL |

VIUNGA VYA SCOTLAND
Lloyds Bank faces fresh police inquiry over fraud claims
| Daily Telegraph |

Royal Bank of Scotland fined $4.9 billion for misleading investors | CBS NEWS |

VIUNGA VYA AUSTRALIA
Citigroup and Deutsche Bank face Australian 'criminal cartel' charges | CNN |

National Australian Bank faces half a billion dollar fine after dodgy loan allegations
|GLADSTONE OBSERVER |

VIUNGA VYA UJERUMANI
Commerzbank Admits to Sanctions and Bank Secrecy Violations, Agrees to Forfeit $563 Million and Pay $79 Million Fine | Bloomberg News |

Deutsche Bank CEO is 'sick and tired of bad news | CNN Business |

ABN Amro Offices Raided by Police in Frankfurt Over Tax Scandal | Bloomberg |


VIUNGA VYA SPAIN
Spain's second-largest bank, Banco Bilbao, charged with corruption | Deutche Welle |

BANCO SANTANDER fined €16.9m over mis-selling scandal | Financial Times |

Spain's second-largest bank BBVA charged with corruption

VIUNGA VYA UFARANSA
BNP Paribas Admits Guilt, to Pay $8.9 Billion Fine to U.S. |The New York Times |

Société Générale, France's Third Largest Bank, to Pay $1.3billion in Criminal Penalties for Bribing Libyan Officials and Manipulating LIBOR Rate | REUTERS |

VIUNGA VYA UHOLANZI
European bank caught laundering Mexican drug money
| CNN Money |

Rabobank NA Pleads Guilty, Agrees to Pay Over $360 Million
| Associated Press |

ABN Amro Offices Raided by Police in Frankfurt Over Tax Scandal | Bloomberg |

VIUNGA VYA CANADA
Royal Bank of Canada to Pay $35 Million Penalty for Illegal Wash Sales, Fictitious Sales, Noncompetitive Transactions | REUTERS |

TD Bank Executive Pleads Guilty to Role in Ponzi Scheme | Wall Street Journal |

VIUNGA VYA MAREKANI
JP Morgan Chase admits to market manipulation, to pay $920m | The Guardian |

Wells Fargo Will Pay Customers $386 Million Over Auto Insurance Fraud | REUTERS |

Homeowners Claim Bank of America Schemed to Steal Their Homes | CNews |

Citigroup Agrees to $97.4 Million Settlement in Money Laundering Inquiry | New York Times |

KWA PELE
Banco do Brasil managers targeted in $48 million money laundering probe | Reuters

Brazil Court Accepts Criminal Charges Against Banco Bradesco CEO | Wall Street Journal |

VIUNGA VYA HONG KONG
Hong Kong regulator imposes $4.2M fine on the Bank of East Asia for stock dealing breaches | The Standard |

Hong Kong police raid church hours after pastor said HSBC froze accounts | The Guardian |

VIUNGA VYA JAPAN
Bank of Tokyo-Mitsubishi to pay $250 million for wire violations | Financial Times |

Japan Post Bank apologizes after a 60 million yen e-pay scam | ASAHI NEWS |


Photo/IllutrationNorito Ikeda, president of Japan Post Bank Co., and Susumu Tanaka, executive VP apologizing on Sept. 24 in Tokyo
Kwanza kqbisa, ulichofanya hapa ni ku shift the goal kutoka kuongelea mfumo wa benki wa Tanzania na kwenda kuongelea mifumo ya benki ya nchi nyingine.

Nakwambia baba yako hana hela.

Wewe badala ya kujitetea kuonesha baba yako ana hela na ninachosema si ukweli, unasema mbona hata baba yake huyu hana hela, baba yake huyu hana hela.

Ikiwa Rwanda walikuwa na genocide na sisi tuwe na genocide?

Suala si baba yake huyu na yule.

Sualq ni bqba yako. Mtetee baba yako bila kutaja baba wa mwingine.

Unazungumzia benki za Usiwzi kwani wewe Mswizi?

Hilo la kwanza.

Pili nimekueleza kwa nini nasema mfumo wa Benki wa Tanzania hauna ingegrity.

CEO wa Benki kubwa sana Tanzania CRDB, kasema anamuogooa sana Magufuli, na akiambiwa kufanya chochote na Magufuli atafanya.

Maana yake akiambia atoe hela za wateja CRDB ampe Magufuli, ili Magufuli afanyie kampeni zake CCM, atafanya.

Sasa huo mfumo wa benki ambao CEO anaweza kusema hivyo, na watu hata hawastuki na kukemea kauli hii, unaweza vipi kuutetea na kusema una integrity?

Kuna mtu alileta uzi hapa anasema katozwa hela nyingi zaidi ya riba anayostahili, na haikupunguzwa mpaka alipodai na kutishia kuiumbua benki.

Bank hazina hata confidentiality, unalazimisha kwamba bank Tanzania zina integrity?

Integrity gani unayoiongelea?

Ya rais kulazimisha benki ziweke hela zote Central Bank bula kufuata ushauri wa wataalamu kama Msajili wa Hazina?
 
[emoji23][emoji23][emoji23][emoji23] kumbe Kiranga anakimbiaga

Ukimbishana nae kuhusu Mungu humuwezi
Hakuna nilipokimbia.

Hapa kuna mtu ana mahaba na serikali na anajiondoa akili kubisha kama ubishi wa kidini.

Yani ukimpa fact kuhusu Tanzania, badala ya kuipinga kwa fact kuhusu Tanzania, anakupa ujinga wa habari za nchi kibao za dunia kasoro Tanzania aliyoulizwa.

Sasa mtu kama huyo ambaye hataki kujibu fact kuhusu Tanzania kwa fact kuhusu Tanzania unabishana naye vipi?
 
Kwa hiyo ana umaarufu wa ubishi wa Mungu, huu haukuwa ubishi wa Mungu, kapotea njia.
Wewe umekimbia hoja.

Mimi nakwambia shati lako linanuka.

Wewe unasema mbona hata la yule linanuka.

Hujajitetea kwenye habari kwamba shati lako linanuka.

Ni kama umekubali huwezi kupinga hoja kwamba shati lako linanuka.
 
Pellman

https://www.policyforum-tz.org/power-sector-fraud-tests-tanzanian-government’s-integrity-and-accountability


CSO STATEMENT: Power sector fraud tests the Tanzanian government’s integrity and accountability

Submitted by Web Master on Tue, 2014-12-16 08:38

PF-related

Following the recent tabling and discussion of the Controller and Auditor General's (CAG) report on the Independent Power Tanzania Limited (IPTL) Tegeta Escrow Account (TEA) in parliament and the subsequent public outcry regarding revelations of unprecedented fraud, we, the undersigned Civil Society Organizations (CSOs) wish to communicate our joint position on the controversy. We have reviewed the National Audit Office (NAO) report to the Public Accounts Committee (PAC), PAC’s report to the National Assembly on November 26th 2014, and numerous related documents, and OBSERVE as follows on the shortfalls of our institutions to exercise their functions transparently and accountably:

1. That Pan Africa Power Solutions Tanzania’s (PAP) acquisition of Mechmar’s 70 percent of IPTL’s shares was fraudulent and the subsequent transfer of TEA funds to IPTL/PAP of at least US$ 120 million was illegal and involved the collusion of senior government officials, Tanesco’s Board of Directors, the Business Registrations and Licensing Agency (BRELA) and private banks.

2. That the withdrawal of the money from the TEA in 2013 was the culmination of two decades of energy policy capture by private interests and corruption involving IPTL, Tanesco and the Ministry of Energy and Minerals (MEM).

3. That the process of arbitration through the International Centre for the Settlement of Investment Disputes (ICSID) initiated by TANESCO in 2008 to resolve the claimed over-payment of capacity charges throughout the IPTL contract period (2002 to date) was systematically sabotaged by PAP and IPTL’s former minority shareholders VIP Engineering and Marketing (VIP) through the manipulation of Tanzania’s legal system, leaving the cost of IPTL power an unresolved issue.

4. The notion that TEA ‘is not public money’ is an argument put forward by the apologists of IPTL/PAP/VIP to confuse informed discussion of the basic issues at stake.

WE COMMEND the CAG and PAC for their crucial role in monitoring and holding to account public officials for their actions and decisions related to the IPTL/TEA scam by auditing related financial statements and demanding explanations and justifications from those concerned. In a democratic system, however, this is not adequate. When these explanations and justifications from the duty-bearers are found to be unsatisfactory, parliament has an obligation to ensure the initiation of corrective action by using the full extent of their legislative and constitutional powers.
WE ARE CONCERNED about the ease with which the TEA funds were transferred from the Bank of Tanzania (BOT) to private banks, and subsequently to individual bank accounts. These acts manifest a lack of due diligence on the part of the parties concerned. We highlight below numerous related concerns:

• BRELA: The CAG report shows that there were clearly lapses with the due diligence processes at the Business Registration and Licensing Authority (BRELA) concerning the transfer of Mechmar’s notional 70% share ownership of IPTL. Owners of the mysterious entity Piper Link, PAP and its mysterious shareholder Simba Trust, all crucial players in the scam, should have been detected through background checks or deterred had they known their names would have been made publicly accessible.

• Banks, due diligence and suspicion of money laundering: Under the Anti-Money Laundering Act of 2006, all banks and financial institutions should take reasonable due diligence measures to identify politically exposed persons, to establish the source of their funds and to monitor them. The fact that senior politicians, some at the centre of previous corruption scandals, opened accounts at Mkombozi Bank and were paid large amounts shows that normal customer monitoring procedures, including money laundering risks, were not adhered to. The transfer of US$65 million from Mkombozi Bank to a bank in the Netherlands also strongly suggests abuse of normal ‘know your customer’ procedures. In turn, Stanbic Bank stands accused of complicity in the payment of large amounts of cash to PAP/IPTL beneficiaries on a single day. The fact that the PAC could not ascertain the names of others whose bank accounts were credited with suspiciously large amounts and that the Financial Intelligence Unit (FIU) was not notified about such transactions, also points to bank irregularities. Although the Bank of Tanzania took steps to indemnify itself against potential legal challenges related to the TEA, it failed to undertake its own due diligence of the case, relying on guarantees by interested parties.

• Transparent contracting: Current pressure to make all energy sector contracts public must include contracts between government and private power producers, if Public-Private Partnerships (PPP) are not to be discredited. There are now increased grounds for not only public disclosure in contracting but full participation of parliament in the contracting process, from tendering, performance and completion when it comes to joint venture agreements of this nature. Full public and parliamentary scrutiny and discussion of PPP contracts and contract implementation would have made it difficult for PAP and VIP to exploit the systemic weaknesses within BRELA, Tanesco and the Tanzania Revenue Authority (TRA).

• The culture of impunity: If those involved in this scandal are not held accountable for their abuse of power and the theft of public money, it will be a continuation of our systemic weaknesses related to prosecution of leaders shown to have been involved in corrupt practices, some of them repeat offenders. The public is growing increasingly offended by these acts of grand corruption, the manner in which those accused of corruption defend their actions, and the apparent impunity of those involved. There is a risk that continued impunity will communicate the wrong messages, namely: 1) that it is risk-free to misappropriate public funds on a huge scale, and 2) the state has no moral authority to caution against wrongdoing.
In light of the above, we CALL UPON the Government to bring to book all those involved in the pillaging of the TEA for abuse of power and theft of public funds. In particular, we ask the Government to demand the immediate and transparent repayment of all escrow monies paid fraudulently to PAP, plus interest, and to implement Parliament’s recommendations to resolve the IPTL affair in the public interest, namely:

1. PCCB, police and other security agencies to take action against all those mentioned in the PAC report and others who will have been found culpable after further investigations;

2. Chairpersons and members of Parliamentary Committees implicated in the saga to be sanctioned;

3. Stanbic Bank, Mkombozi Bank and other financial institutions to be investigated for failures in due diligence and money laundering;

4. Review of PCCB Act to address grand corruption and economic sabotage;

5. Government to consider appropriating the IPTL plant;

6. Government to review all power generation contracts.
The IPTL scandal represents a serious crisis in the legitimacy of the Government of Tanzania that can only be resolved by strong leadership and decisive action to bring closure to the long-drawn out IPTL saga once and for all.
Signed:

1. Policy Forum
2. Tanzania Coalition on Debt and Development
3. ACTIVISTA
4. Tanzania Youth Vision Association
5. SIKIKA
6. Action Aid Tanzania
7. HakiElimu
8. Youth Partnership Countrywide
 
Ma scandal yote hayo IPTL, EPA, Deep Green and countless other, bado mtu anasema banking system ya Tanzania ina integrity?
 
The Bank embraces the following core values:

Integrity:
We uphold high ethical and moral standards in our conduct reflected by honesty, sincerity, truthfulness, and confidentiality in executing our duties;

Inclusiveness:
We embrace broad participation, team work and harnessing multiple skills and experiences in discharging our work objectives.

Excellence:
We seek to execute our duties professionally, with creativity, innovativeness and continuously striving to improve organizational performance.

Accountability:
We are collectively and individually accountable and responsible for all that we do, diligently committed in responding to our stakeholders’ concerns.

Social----https://www.bot.go.tz/
 
Amefanya kufuru, ametukana wafia nchi na mifumo ya nchi tunayojaribu kuijenga kwa kadri tuwezavyo.

Amesema baba yake alitaka kutoa mamilioni ya dola
kutoka NMB kwenda CITIBANK kwa sababu benki zetu hazina siri na hazina integrity. Wazee serikalini wakambembeleza usifanye hivyo Mzee, vibaya hivyo ujue. Nikamwambia, anajali siri , kwa nini alienda kujitangaza nina madola NMB, akaruka kimanga akasema ni hela za serikali. Hela za serikali kwa nini baba yako alitaka ziwe siri, na baba yako anapataje utashi wa kujiamulia kuhamisha hamisha madola ya serikali kama zake, wewe ni Jesca Magufuli au Ridhiwani Kikwete? Katweta.

Benki za wapi zina integrity ? Katweta.
Unalazimisha hoja.

Hifuati logic ya majdiliano.

Hapo ulichoandika ni kwamba fedha za taasisi za kiserikali zikiwekwa NMB, halafu NMB ika leak bank statement kinyume na kanuni za faragha za kibenki, hilo ni sawa tu.

Kwa sababu hela ni za serikali.

Ujinga mtupu kama si upumbavu kabisa.
 
The Bank embraces the following core values:

Integrity:
We uphold high ethical and moral standards in our conduct reflected by honesty, sincerity, truthfulness, and confidentiality in executing our duties;

Inclusiveness:
We embrace broad participation, team work and harnessing multiple skills and experiences in discharging our work objectives.

Excellence:
We seek to execute our duties professionally, with creativity, innovativeness and continuously striving to improve organizational performance.

Accountability:
We are collectively and individually accountable and responsible for all that we do, diligently committed in responding to our stakeholders’ concerns.

Social----https://www.bot.go.tz/
Hata Magufuli anaweza kusema ni rais anayependa demokrasia.

Kuandika tu mbona tunachukua kikombe.

Kutekeleza sasa.
 
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