Kenyan Billionaire Chris Kirubi Shames Betting Sites in Kenya

KENYA: Capital Fm owner and city billionaire Chris Kirubi has called out to the president to pay attention to the penetration of petting sites in kenya.

Brand Kenya Board Chairman Dr Chris Kirubi has urged President Uhuru Kenyatta “to pay attention” so that Kenya doesn’t get a reputation for being a “gambling nation as opposed to a working one.”

Kirubi said that the penetration of gambling in Kenya has become so detrimental to the Kenyan Youth and families.

Earlier this month, Parliament agreed to form an 11-member committee co-chaired by Leader of Majority Aden Duale and Leader of Minority Jakoyo Midiwo to investigate the betting industry, which has come under the spotlight for harbouring tax cheats and money launderers.

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The purpose of the committee is to inquire into the activities of the scores of the betting and gambling sites with special emphasis on tax compliance, disclosure of information and management of proceeds.

The committee will seek to know how the betting firms appropriate the billions lost by betting fans, some of whose dreams for a fortune have ended in tears, misery and a trail of broken families.

There has been little public information on the real faces behind some of the firms, and the amount of money made by the betting firms.

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Via: CapitalFm