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Oliech's mother in court
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maka
#1 Posted : Wednesday, October 17, 2012 1:25:56 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Whats wrong with people especially when money is involved hadi families turn against each other,children against mother...tabia mbaya sana http://www.standardmedia...liech-s-mother-in-court
possunt quia posse videntur
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Magigi
#2 Posted : Wednesday, October 17, 2012 1:49:57 PM
Rank: Elder

Joined: 3/31/2008
Posts: 7,081
Location: Kenya
Pray
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richdad
#3 Posted : Wednesday, October 17, 2012 9:45:52 PM
Rank: Member

Joined: 2/12/2010
Posts: 474
Location: Nairobi
maka wrote:
Whats wrong with people especially when money is involved hadi families turn against each other,children against mother...tabia mbaya sana http://www.standardmedia...liech-s-mother-in-court



What I get from the story:

The family is together and no issues amongst its members. KCB took the land title deed and the only way to get it back is claim that the woman did not own the land nad could therefore not dispose it off. You do this by showing via a court ruling that the land has other parties who are not part of the KCB loan issue. So its a strategic move by the family to get the land back.

The problem with most Kenyans is that we take "news" as reported by the money hungry media houses. Esp the headlines.
Keep it simple
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maka
#4 Posted : Wednesday, October 17, 2012 10:32:13 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
richdad wrote:
maka wrote:
Whats wrong with people especially when money is involved hadi families turn against each other,children against mother...tabia mbaya sana http://www.standardmedia...liech-s-mother-in-court



What I get from the story:

The family is together and no issues amongst its members. KCB took the land title deed and the only way to get it back is claim that the woman did not own the land nad could therefore not dispose it off. You do this by showing via a court ruling that the land has other parties who are not part of the KCB loan issue. So its a strategic move by the family to get the land back.

The problem with most Kenyans is that we take "news" as reported by the money hungry media houses. Esp the headlines.

...Boss spare me pliz there advos i.e Wachakana and Nyachoti would be very daft to use such a defence...and am sure they are not,it doesnt matter in law...As Justice Ringera said in Kihara vs Barclays Bank when you use your property as security for a loan it becomes a commodity for sale....
possunt quia posse videntur
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richdad
#5 Posted : Thursday, October 18, 2012 12:37:53 AM
Rank: Member

Joined: 2/12/2010
Posts: 474
Location: Nairobi
maka wrote:
richdad wrote:
maka wrote:
Whats wrong with people especially when money is involved hadi families turn against each other,children against mother...tabia mbaya sana http://www.standardmedia...liech-s-mother-in-court



What I get from the story:

The family is together and no issues amongst its members. KCB took the land title deed and the only way to get it back is claim that the woman did not own the land nad could therefore not dispose it off. You do this by showing via a court ruling that the land has other parties who are not part of the KCB loan issue. So its a strategic move by the family to get the land back.

The problem with most Kenyans is that we take "news" as reported by the money hungry media houses. Esp the headlines.

...Boss spare me pliz there advos i.e Wachakana and Nyachoti would be very daft to use such a defence...and am sure they are not,it doesnt matter in law...As Justice Ringera said in Kihara vs Barclays Bank when you use your property as security for a loan it becomes a commodity for sale....



The mother was actually demanding back the title deed from the KCB lawyer. (As seen in media) It may not work but I guess thats their move.
Keep it simple
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For Sport
#6 Posted : Thursday, October 18, 2012 6:24:23 AM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
Value of the property : 40 million
Loan amount: 2 million

And we're talking about a developed property here ( rental income).
I don't see the logic of selling to pay off a loan. Terrible move.
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Elder
#7 Posted : Thursday, October 18, 2012 7:39:46 AM
Rank: Elder

Joined: 9/7/2010
Posts: 2,148
Location: elderville
richdad wrote:
maka wrote:
richdad wrote:
maka wrote:
Whats wrong with people especially when money is involved hadi families turn against each other,children against mother...tabia mbaya sana http://www.standardmedia...liech-s-mother-in-court



What I get from the story:

The family is together and no issues amongst its members. KCB took the land title deed and the only way to get it back is claim that the woman did not own the land nad could therefore not dispose it off. You do this by showing via a court ruling that the land has other parties who are not part of the KCB loan issue. So its a strategic move by the family to get the land back.

The problem with most Kenyans is that we take "news" as reported by the money hungry media houses. Esp the headlines.

...Boss spare me pliz there advos i.e Wachakana and Nyachoti would be very daft to use such a defence...and am sure they are not,it doesnt matter in law...As Justice Ringera said in Kihara vs Barclays Bank when you use your property as security for a loan it becomes a commodity for sale....



The mother was actually demanding back the title deed from the KCB lawyer. (As seen in media) It may not work but I guess thats their move.

@richdad you are right on this being a family play against the bank. @maka your argument is severely wanting.
He who can express in words the ardour of his love, has but little love to express. - Petrach, Son. (That men by various ways arrive at the same end. - Montaigne, The Essays of.)
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Impunity
#8 Posted : Thursday, October 18, 2012 8:03:41 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,333
Location: Masada
Oliek earns million shillings per week,why cant he pay the 2 million on behalf of dear mum?
Things are not adding up here.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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McReggae
#9 Posted : Thursday, October 18, 2012 8:11:31 AM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Impunity wrote:
Oliek earns million shillings per week,why cant he pay the 2 million on behalf of dear mum?
Things are not adding up here.


Pesa sio ya kutupa tupa ovyo ovyo, what was the loan for?...Did it achieve it's purpose, the mum should explain this!!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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TAZ
#10 Posted : Thursday, October 18, 2012 9:08:27 AM
Rank: Elder

Joined: 11/14/2007
Posts: 4,152
@ Richdad....Isn't the title registered in the Mother's name na she's the one who took the 2m loan from KCB? If everything was all rosy in their family then someone would have settled the amount on behalf of their mother. Anyway this is a matter that Oliech should be able to handle, it didn't have to go this far.
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