ACCOUNTS IN SWISS BANKS FOR ANGLO-LEASING FROZEN

Swiss authorities have frozen bank accounts in Geneva in a major investigation into the multi-billion shilling Anglo Leasing scandal, a newspaper reported on Tuesday.

The Neue Zurcher Zeitung said the probe into the Anglo Leasing scandal focused on about 885 million dollars of Kenyan state contracts, including for weapons and police helicopters.
About half of that amount was siphoned off into a network of offshore front companies, while about 170 million Swiss francs reached bank accounts in the Swiss city of Geneva, including Schroder Bank, HSBC Private Bank and UBS, it added.

The NZZ said Kenya had asked Switzerland, the FBI and Interpol for legal assistance in the case, while Swiss authorities had blocked accounts in Geneva and seized documents during their probe into money laundering.