Saudi’s Prince Sultan Bin Nasser Bin Abdul Aziz Al Saud Accuses Kenyans of stealing His KSh 21.6 Billion ( $212,756,976)

KENYA:Saudi’s Prince Sultan Bin Nasser Bin Abdul Aziz Al Saud has accused his three Kenyan partners for allegedly forging his signature and transferring his shares worth KSh 21.6 Billion ($212,756,976) from a company they formed together.

Prince Sultan’s  Arafco Agriculture Integration Company had plans to cultivate sugarcane and set up a sugar factory on 100,000-acre leased land in Galana, Kilifi county.

Prince Sultan said he had jointly formed a company with Mohammed Koriow Nur , Mohammedulamin Mohamud and Mohammed Hirei Bare Ahmed who had a 10% (KSh 30 million) $ 295,495 stake collectively. He had 900 out of the total 1000 shares of the Arafco Agriculture Integration Company.

||READ: 10 RULES You Need to Know To Become a Successful Entrepreneur.

Arafco, partly financed by the Saudi government, then leased 100,000 acres at Galana, Kilifi County with plans to cultivate sugarcane. He said the ultimate plan was to set up a sugar factory on the piece of land.

If the allegations are true, then the case would reaffirm President Uhuru Kenyatta’s controversial statement that Kenyans are experts in stealing. ( He said this earlier when speaking to Kenyans living in Israel, saying that all that the citizens do was to steal).