Odingas transfer Be Energy stake to offshore company

Orange Democratic Movement (ODM) Party Leader Oburu Oginga.

Photo credit: File | Nation Media Group

The Odinga family has transferred their 35 percent stake in fuel dealer Be Energy to a British Virgin Islands-registered company, a regulatory filing showed.

The shares were transferred from the Odingas’ investment vehicle, Pan African Petroleum Limited, to Africanable Corporation, registered in the tax haven, filings at the company registry revealed.

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