https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚨" title="Police cars revolving light" aria-label="Emoji: Police cars revolving light">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚨" title="Police cars revolving light" aria-label="Emoji: Police cars revolving light">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚨" title="Police cars revolving light" aria-label="Emoji: Police cars revolving light"> @GlobalJusticeUK and Corner House have written to @SarahChampionMP + @CommonsIDC calling for an urgent inquiry into the "highly questionable business practices" of two British managers in Kenya appointed by a UK aid-backed private equity fund (1/6) https://www.globaljustice.org.uk/news/2020/apr/7/british-managers-uk-aid-funded-kenyan-firm-accused-fraud-bribery-and-highly">https://www.globaljustice.org.uk/news/2020...

The allegations are detailed in a new @BBCAfrica documentary which aired yesterday.

They include concerns of alleged fraud, bribery, and reports that Kenyan staff were not paid while the managers were paid $20k/month as company went bankrupt. (2/6) https://twitter.com/BBCAfrica/status/1247081902261112833?s=20">https://twitter.com/BBCAfrica...

(The fund and managers deny any wrongdoing. You can see their responses in the full documentary, available here https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Down pointing backhand index" aria-label="Emoji: Down pointing backhand index">https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Down pointing backhand index" aria-label="Emoji: Down pointing backhand index">https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Down pointing backhand index" aria-label="Emoji: Down pointing backhand index"> ) (3/6) https://www.youtube.com/watch?v=bQinLY0m_jg&feature=youtu.be&mc_cid=1c275ff064&mc_eid=939e15fe6d">https://www.youtube.com/watch... https://www.youtube.com/watch...

The documentary also highlights how the managers used company money to build a golf course for themselves, claiming that it would give the impression of a thriving company that was appealing to buyers..... (4/6)

Spencon is backed by the Emerging Capital Partners fund, which received an investment of $47.5m from UK aid bank
@CDCgroup.

DfID and CDC were warned in 2015 of alleged corruption and mismanagement at Spencon, but failed to intervene to address the alleged mismanagement. (5/6)

In Feb @GlobalJusticeUK reported our concerns with the low accountability and transparency of CDC& #39;s investments via private funds.

Via CDC, increasing amounts of UK aid are being used to support dubious projects, fossil fuels and private healthcare (6/6) https://twitter.com/not_DJW/status/1229321713185411072?s=20">https://twitter.com/not_DJW/s...