An IT firm with a Kenya-based subsidiary – Flexi-mobile Limited – is among thousands of companies which has been named in the Panama Papers as one of the firms with offshore accounts managed by Panama’s Mossack Fonseca as agent.
According to the ICIJ database, Flexi-mobile Limited was incorporated on July 7, 2010 and is registered in Seychelles with linked countries (or subsidiary offices or operations) in Kenya.
The database further indicates that the firm was ‘struck off’ on December 31, 2013 after it ‘defaulted’.
The firm’s ‘intermediary’ is listed as ‘Mr Yatin Shah’ while two shareholders are unidentified and thus remain anonymous.
An online search of “flexi mobile Kenya” takes one to this URL – http://spyphone.co.ke/. The firm – Flexi Mobile – states that it’s been in operation since early 2008, adding that “Flexi Mobile develops and markets high-end products for the mobile phone market.” As a footnote, the firm states on the website’s ‘About Us’ section that “spyphone.co.ke is part of Flexi Mobile Network.”
“With in-house contracted programmers and developers for both handset applications and web based interfaces and servers as well as a fully owned distribution channel management structure; Flexi Mobile is a vertically integrated company that is present in most parts of the world. Flexi Mobile creates highly-stable Business and Security Applications for the Mobile Phone Industry that are being sold to MNO’s, Corporate Companies and Private Individuals,” the company further states, before listing some of its clients as “Companies, Law Enforcement, Governments and Mobile Network Operators.”
The description fits that of a spyware vendor and the firm has included a disclaimer for use of its solutions which states: “Flexi Mobile will not be held responsible and accepts no liability for any unlawful or illicit use of any of its applications, and will use any technique available to prevent continued unlawful use including deactivation of the license or the remote web account where any data may be stored in the event a complaint is received.”
The ICIJ database contains information on almost 320,000 offshore entities that are part of the Panama Papers and the Offshore Leaks investigations. The data covers nearly 40 years up to the end of 2015 and links to people and companies in more than 200 countries and territories.