Ekeza Sacco founder Bishop David Kariuki Ngari, alias Gakuyo, has asked the government to allow him to sell his properties in Nairobi, Kiambu, and Murang’a to enable him to refund members’ savings.
Gakuyo has faulted Trade, Industry and Cooperatives Cabinet Secretary Peter Munya for blocking him from selling the properties, saying the decision was ill-advised.
He says the move is ironical because the same Ministry has been pressuring him to refund members’ savings.
Gakuyo also says Munya’s claims that there’s no guarantee he will refund members once he sells the properties are unfounded.
“I want the CS to know that the funds will be deposited in the Ekeza Sacco and used to refund members,” says Ngari
“The commissioner of cooperatives is a signatory of the account which means no money can be withdrawn without her consent.”
Ngari says the property he is seeking to sell has a combined value of Sh1.8 billion.
Gakuyo opted to sell the properties following pressure by members of the Sacco, who have been camping at the society’s offices and his church, demanding a refund of their deposits.
The properties include a residential house in Nyari estate, Nairobi, a hotel in Juja town and a house on a half-acre parcel of land in Makongeni estate, Thika.
Others include a 50-acre parcel of land in Kilimambogo, Thika, 100 acres in Kabati, Murang’a, and a quarry, also in Kabati.
What he is calling his…
What he is calling his properties is Sacco properties.
And then another con holding…
And then another con holding the bible with the other hand. How did all this get out of hand if he was willing to repay the money. Why did it take members camping outside the sacco offices for him to get the message? And you see people defending this con right here on Mwakilishi.
Does the SACCO has a board…
Does the SACCO has a board of Directors who can dispose the properties?
Ndugu @Mugikuyu:
biblia na…
Ndugu @Mugikuyu:
biblia na koran ni vitabu vya matapeli. Ukimwona binadamu akijaribu kukufanya uwe mfuasi wa dini hizi mbili za ujambazi na utapeli (ukristo na uislamu), kimbia mara moja!
Hebu soma Luka (Luke) 14: 26 uone vile Mwana Mariamu alivyo na roho mbaya ya chuki (hatred) na majivuno (arrogance)!
Gakuyo & the cooperatives CS…
Gakuyo & the cooperatives CS need to come together & find a suitable way to solve this issue. Meanwhile, Gakuyo should hold his peace until the state comes up with it’s findings on how the company was being run! Mambo ya dini tuwachie shetani!!
Gakuyo & the CS of…
Gakuyo & the CS of cooperatives should come together & decide how to tackle this issue. Meanwhile,Gakuyo should refrain frm selling his property until the state completes it’s investigation on his company! Mambo mingi ya nini mpaka dini imeingizwa hapo! Pooh!