Category: Illegal
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Widow’s illegal ‘takeover’ of giant laundry firm blocked
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The High Court has barred a widow from taking over the management of a family-owned laundry business worth Sh70 million in Nairobi. Justice Freda Mugambi said Kiran Harilal Rajput illegally declared herself a director of Capitol Laundry Limited after the death of her husband Harilal Durga Das Rajput and his…
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Malaysian Electricity Company Hit Hard By Illegal Bitcoin Mining
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Bitcoin mining, a complex activity that requires adding data to the blockchain, has been the subject of complaints. While it is arguably a lucrative business for some, it impacts the local power grid. Some estimates suggest that you need up to 155,000 kilowatt hours (kilowatt-hours) of electricity just to mine…
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Malaysian Electricity Company Hit Hard By Illegal Bitcoin Mining
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Bitcoin mining, a complex activity that requires adding data to the blockchain, has been the subject of complaints. While it is arguably a lucrative business for some, it impacts the local power grid. Some estimates suggest that you need up to 155,000 kilowatt hours (kilowatt-hours) of electricity just to mine…
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Illegal vapes are flooding the market and the government is scrambling
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Millions of young Americans are addicted to nicotine — and politicians attacked top public health officials during a contentious hearing Wednesday on the rapid rise of illegal e-cigarettes. In particular, the senators blamed the Food and Drug Administration (FDA) and the Department of Justice (DOJ) for not enforcing the Tobacco…
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Delivery drivers’ illegal scooters and mopeds are being seized
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The growing demand for quickly delivered food has led to the emergence of small armies of couriers — and increased anxiety — in major cities as scooters, motorcycles and scooters weave in and out of traffic and hop onto pedestrian-filled sidewalks as their drivers race to deliver salads and sandwiches.…
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Court to decide whether KICC takeover from Kanu was illegal
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A judge will today decide whether the Kenyan independence party African National Union (KANU) should reclaim the iconic Kenyatta International Conference Center (KICC) in Nairobi. Kanu filed a petition in the Environment and Lands Court four years ago seeking to reclaim the building after it was evicted by presidential executive…
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Chinese Police Raids Illegal $1.9B USDT Banking Operation: Report
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Chinese police forces have blown up a major underground banking operation using the popular stablecoin Tether (USDT) to facilitate transfers of up to 13.8 billion yuan ($1.9 billion). according to a report From local media house Weixin The Chengdu Municipal Public Security Bureau arrested 193 suspects in connection with the…
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Chinese Police Raids Illegal $1.9B USDT Banking Operation: Report
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Chinese police forces have blown up a major underground banking operation using the popular stablecoin Tether (USDT) to facilitate transfers of up to 13.8 billion yuan ($1.9 billion). according to a report From local media house Weixin The Chengdu Municipal Public Security Bureau arrested 193 suspects in connection with the…
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Kuscco board fired after audit reveals Sh6bn illegal withdrawals
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An audit of the financial records of the Kenya Union of Savings and Credit Cooperatives (Kuscco) has revealed rot that has cost the organization more than Sh6 billion in losses, leading to the sacking of the board and senior officials. The audit, conducted by US audit firm Grant Thornton, revealed…