Payback Time - Gakuyo Edishen

mzeiya

Elder Lister
The preacher who apparently unlawfully got 2.5 billion through Gakuyo Real Estate and Ekeza Sacco is doing the refunds as directed by the State which took over his real estate company.

Gakuyo's real name is David Kariuki and the duped were over 50 thousand 'investors'.

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This information is too scanty to make an informed decision on whether ni ukweli. Weka link
Troubled Ekeza Sacco has started refunding Sh2.4 billion in members’ deposits that was allegedly misappropriated under the chairmanship of controversial preacher David Kariuki Ngari aka Gakuyo.

In an advertisement in local dailies on Tuesday, the troubled sacco listed names of members earmarked to receive their refunds, marking the end of a protracted fight by an estimated 78,000 members to get their money back.

Those targeted for refunds had Sh1,600 up to Sh77,000 in deposits.

This comes more than five months after Mr Ngari announced a five-phase refund plan last May.

Ekeza Sacco was placed under probe last year by after an audit report by Commissioner of Co-operatives showed that Sh1 billion had been siphoned raising fears that depositors, mainly peasants, would lose their hard-earned savings.
 
This is what having a serikali should be about. And it shouldn't have taken so long also. Nuru coin je? Na inakaa watu wa kanisa ndio hunyoroshwa sana
 
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