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Revealed: TZ thieves have Sh315bn in Swiss banks

Some corrupt Tanzanians, including prominent business tycoons and some top government officials, have secretly stashed away a whopping Sh315.5 billion ($196.87 million) in Swiss banks, The Guardian has learnt.

The amount is a quarter of the amount Kenya’s tycoons and politicians have secretly stashed away in Swiss banks.

According to a report released by the Swiss central bank, Swiss National Bank, early this week Tanzania is among eleven African countries whose nationals have secretly stashed away millions of dollars in the country’s banks.

This is the first time the Swiss central bank has released financial details on various culprits who have stolen billions of dollars from Africa - an indication that gone are the days when African thieves enjoyed strong protection of their looted billions by Swiss banks and authorities.

The report further shows that Kenya is the leading offender in East Africa in terms of the amount of money that has been stashed away in Swiss banks. According to the report, a staggering Ksh72 (Tsh1.296 trillion) is in the country’s banks.

The report shows further that other countries whose nationals have stashed stolen wealth in Switzerland, in billions of Swiss francs, include Uganda (154m), Egypt (798m), South Africa (795m) and Seychelles (2.515bn), Zimbabwe (96m), Senegal (150m), Rwanda (29m), Sierra Leone (29m), Somalia (1m) and Sudan (179m).

One Swiss franc is equivalent to Sh1,900, according to current exchange rates in the domestic financial market.

“The total overseas funds in Switzerland’s banking system stood at 1.53 trillion Swiss francs,” the report adds.

For the past one decade global pressure has been mounting on Switzerland to ask its banks to share information about their clients with foreign governments.

Reacting to the report by the Swiss central bank yesterday, director general of the Prevention and Combating of Corruption Bureau (PCCB) Dr Edward Hosea (pictured) said, “ We are going to write to the Swiss authorities on Monday (next week) to demand a copy of the report.”

“We want to know the names of those who have secretly stashed billions of shillings in Swiss banks…we promise to recover the stolen billions once we have the list,” the PCCB chief told The Guardian over the phone.

The anti-graft czar further said, “People should stop laundering money to Swiss banks because they are no longer a safe haven as they used to be in the past.

Things have changed so much that in today’s world, no matter how long it might take, in the end all the culprits would be known and arrested.”

Early this week Dr Hosea, who is also chairman of the African Union’s Advisory Board on Anti-corruption (AU-ABC), expressed dismay over the continuing ‘rampant corruption’ in the continent, blaming some leaders for abusing their offices and condoning the malpractice.

 Source: The Guardian

 http://www.ippmedia.com/frontend/index.php?l=42903

Adidas cancels release of controversial shackle sneaker

Featuring a bright orange chain and ankle strap, Adidas’ controversial new sneaker is gone before it even arrived.
In the face of fierce criticism that its upcoming JS Roundhouse Mid is inappropriate and offensive, with detractors likening its details to slave chains and prison shackles, Adidas apologized Monday night and announced that it was canceling plans to sell the sneaker.
The design was a collaboration between Adidas Originals and edgy fashion designer Jeremy Scott.
“The design of the JS Roundhouse Mid is nothing more than the designer Jeremy Scott’s outrageous and unique take on fashion and has nothing to do with slavery,” the company said in an email to TODAY.com. “Since the shoe debuted on our Facebook page ahead of its market release in August, Adidas has received both favorable and critical feedback.

http://thelook.today.msnbc.msn.com/_news/2012/06/19/12296143-adidas-cancels-release-of-controversial-shackle-sneaker#comments

MNYIKA:Msimamo wangu wa sasa juu ya Kauli yangu bungeni!

"Nitatoa tamko la kina baadae kuhusu kilichotokea lakini kwa ufupi ubovu wa bajeti hii ni matokeo ya udhaifu wa Rais Kikwete, yeye ndiye aliyesaini Mpango wa Taifa wa miaka mitano kama Kiongozi Mkuu wa Nchi tena kwa wino mwekundu kama Amiri Jeshi Mkuu. Na yeye ndiye Mwenyekiti wa baraza la mawaziri, bajeti hii iliyoacha kuzingatia mpango wa Taifa imepita kwenye baraza alilloliongoza, pia kushindwa kutekelezwa kwa bajeti iliyopita ni matokeo pia ya udhaifu wa taasisi ya Urais.
 Pia kwa mujibu wa Katiba Rais ndiye ambaye anapeleka bajeti bungeni, Waziri mwenye dhamana anapeleka tu kwa niaba. Rais amepewa mamlaka makubwa juu ya bajeti ibara ya 99 imeweka mipaka kuhusu mambo ambayo bunge lina mamlaka nayo huku ibara ya 90 inasema bunge likikataa bajeti rais ana mamlaka ya kuvunja bunge. Hivyo Rais Kikwete anapaswa kuagiza Waziri wa Fedha bajeti iondolewe irudi kwenye baraza la mawaziri ikafanyiwe marekebisho"!


John Mnyika
19 Juni 2012

http://www.mnyika.blogspot.com/2012/06/msimamo-wangu-wa-sasa-juu-ya-kauli.html 

MIKOROGO-WEMA SEPETU

Najua wengi mtasema kwanini napenda kuzungumzia suala hili la kuchubua ngozi. Siro siri I hate watu wanaotumia madawa ya kuchubua ngozi zao. Kwanini lakini mtu anakuwa na ngozi nzuri halafu anaiharibu kwa madawa? Hivi wanadhani huo "uzuri" wanaoita wao wa muda mfupi una madhara makubwa katika maisha yao. Leo tumwangalie Wema Sepetu Miss Tanzania 2006, kwa sasa ana umri wa miaka 24 (anavyodai yeye) ila she looks older than her age...kwasabau ya mkorogo!

Hapa aliposhiriki Miss Tanzania mwaka 2006; ngozi nzuri kabisa!!

Sijui nani akamdanganya kuwa mkorogo ni uzuri taratibu akaanza kuchubua uso...

This is WEMA SEPETU NOW! Wow! halafu watu wanamsifia umependeza kweli kwa nguo sawa lakini hiyo ngozi jamani...