This archive report was first published on 18 September 2019.
Published on September 18, 2019, a complaint by part-owner of Bluebird Aviation, Yussuf Adan, against his fellow shareholders, Hussein Farah, Unshur Mohamed, and Mohamed Abdikadir, has been dismissed by the Director of Criminal Investigations (DCI).
The DCI cleared the three shareholders and executives of Bluebird Aviation from financial malpractices after a nine-month investigation, which followed a criminal complaint by Yussuf Adan.
Yussuf Adan had accused his fellow shareholders of fraudulently channelling massive funds out of the company as part of a money laundering scheme, alleging that they had siphoned more than $1 billion (Sh103 billion) through tax evasion, fraud, and money laundering.
However, the DCI's investigation, which involved other State agencies, including the Central Bank of Kenya, Kenya Revenue Authority (KRA), Kenya Airports Authority (KAA), Kenya Civil Aviation Authority, and Financial Reporting Centre, found no evidence to support Yussuf Adan's claims.
According to the clearance notice filed in court on August 28, the DCI's director, John Kariuki, stated that the investigations had not established facts that may warrant the mounting of a prosecutable criminal case.
Yussuf Adan had also made similar claims of financial crime in a court suit where he sought to wind up Blue Bird Aviation, but the High Court rejected the petition, and he has since moved to the Supreme Court.
