KENYAN BUILDING COLLAPSE NEAR NAIROBI KILLS SIX PEOPLE. (PHOTO).

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 Kenyan building collapse near Nairobi kills six people The collapse of an unfinished eight-storey building in Kenya has killed six people. The structure fell on Friday morning in Syokimau on the outskirts of Nairobi. Construction workers were reportedly at the site when the building’s uppermost concrete slab gave way, bringing down part of the structure, according to a preliminary report from Nairobi City County’s emergency team. The report did not establish why the slab failed. The Kenya Red Cross initially reported that three people had been rescued and one person was reported missing. TV reports later said that five people had been pulled alive from the rubble and taken to hospital. The emergency report said the number of workers present when the building fell had not been confirmed, leaving open the possibility that others were trapped. Firefighters and specialist rescue teams were continuing to search for survivors.
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TURKISH CRYPTO BOSS BAGS 11,196 YEARS FOR FRAUD, OTHERS.(PHOTO).

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Turkish crypto boss bags 11,196 years for fraud, others


A 'disgraced' Turkish crypto founder who fled to Albania and his two brothers have been sentenced to 11,196 years in jail each, the Anadolu state news agency reported Friday.

Prosecutors had asked for Thodex boss Faruk Fatih Ozer, 29, to be sentenced to 40,562 years in prison for money laundering, fraud and establishing a criminal organisation.

“If I were to establish a criminal organisation, I would not have acted so amateurishly,” Anadolu quoted Ozer as telling the court.

His two brothers, Serap and Guven, received the same sentence, which was issued late Thursday after a brief trial, Turkish media reports said.

Turkey is known for issuing massive prison sentences, which became more common after it abolished the death penalty in 2004 to help its efforts to join the European Union.

Ozer was initially reported to have fled Turkey in April 2021 with $2 billion in investor assets, although that figure has since been disputed.

Prosecutors said Ozer had transferred 250 million liras in user assets (worth about $30 million at the time) to three secret accounts when he fled Turkey in April 2021, with much of the money ending up in a Malta bank.

The indictment said the Ozer brothers had caused 356 million liras of damage to clients in all.

The case grabbed local headlines because it coincided with a Turkish crypto boom that has since largely subsided due to heavier government regulation.

Turks began turning to various cryptocurrencies as a defence against a deep slide in the value of the lira that began more than two years ago.

Ozer gained further celebrity status after being pictured meeting with ultranationalist pro-government figures.
He was arrested last year in Albania on an international arrest warrant from Interpol.

— AFP

 

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