Former Kenyan MP Accuses David Baazov of Theft and Wagering Proceeds Misappropriation

Amaya founder and also former CHIEF EXECUTIVE OFFICER David Baazov lands around hot water, an ancient Kenyan councilmancouncilperson, councilwoman comes onward with really serious fraud accusations

A previous Kenyan MP accused Amaya Gaming Group (now The celebs Group) as well as founder, entrepreneur David Baazov, of misappropriating billions of Kenyan shillings by NIC Bank accounts after the company entered the exact East Africa country 2010.

Kennedy Nyagudi, a original MP which represents the city with Kisumu, said Amaya got allegedly conspired with the aforementioned bank heading abroad associated with Kenyan shillings that had been made by the Canadian gambling giant’s local division.

Amaya shaped its Kenyan subsidiary free mobile slot machines 2010. Mr. Nyagudi said with the investigative documented that broadcast on KTN News previous this week this he used a 15% stake on the subsidiary together with was mentioned as one connected with its Movie fans. Mr. Baazov reportedly possessed the remaining 85% stake in Amaya’s Kenyan branch.

The provider launched couple of products the particular M-Lotto Drawings and the Mega Mega Kwachua mamilii lottery which quickly gained reputation among Kenyan gamblers plus raked in millions of Kenyan shillings shortly after they commenced operation.

Often the proceeds from Hugely Mega Kwachua mamilii lottery product, that totaled KSh375 million, according to Kenya’s Betting Control plus Licensing Table (BCLB), ended up initially becoming wired to Amaya’s profile at Fairness Bank, Mister. Read more