A section of shareholders of Internet and pay TV service provider Zuku has claimed that the firm’s CEO Richard Bell colluded with his predecessor Richard Alden and a firm, Altice Capital, to embezzle $30 million (Sh3 billion) through various illegal schemes.
Wananchi Nominees Limited says that Mr Bell has aside from abetting the Sh3 billion theft, been reluctant to lead the recovery of the funds.
