Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Pole...its where we are all headed... possunt quia posse videntur
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Is it true that the sugar-baron was responsible for the crisis in the sugar industry?
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Rank: Elder Joined: 6/20/2008 Posts: 6,275 Location: Kenya
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Innalillahi Waina ilayhi Rajiun
To Almighty God we belong and to Him we shall (all) return.
I wish the family peace as they sort property issues.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Now the family should repay all the banks they have fleeced. Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
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KulaRaha wrote:Now the family should repay all the banks they have fleeced. Before they do that, the "family" should do the normal things Kenians do by treating us to a full TV Series of who is biologically sired by whom, and who married who when and so on.
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Rank: Elder Joined: 2/8/2013 Posts: 4,068 Location: At Large.
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KulaRaha wrote:Now the family should repay all the banks they have fleeced. Are loans not insured....? But I guess since he was in default,maybe they will not be paid.Plus I guess companies have perpetual life so should continue paying. Those loans will make a difference to the bottom line of some banks. Is the body coming home or interment will be in SA. Alale mahala pema peponi. Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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Does he own the Tawfiq buses? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 10/4/2006 Posts: 13,822 Location: Nairobi
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hardwood wrote:Is it true that the sugar-baron was responsible for the crisis in the sugar industry? crisis in the sugar industry is similar to a crisis in the alcohol industry - very optional things we kinda feel are important but are not! All Mushrooms are edible! Some Mushroom are only edible ONCE!
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Rank: Member Joined: 5/8/2007 Posts: 709
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TSS was very wealthy.
A quarter of Lamu was his and relatives, if there people who reaped billions from SGR compensation its him, I spent time in Mombasa and for several years I stayed in his rental properties, on just this properties alone, he would averagely make 25M per month.
Good guy.
Allegations that he funded MRC, and paid bails for terrrorists have never been proven.
They once took a 5 billion loan from a bank, using a title deed that was to be revoked by Uhunye.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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faa wrote:
They once took a 5 billion loan from a bank, using a title deed that was to be revoked by Uhunye.
This loan was with NIC..  They had been trying to enforce the personal guarantee to get their money back but now that just became a lot harder. Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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faa wrote:TSS was very wealthy.
A quarter of Lamu was his and relatives, if there people who reaped billions from SGR compensation its him, I spent time in Mombasa and for several years I stayed in his rental properties, on just this properties alone, he would averagely make 25M per month.
Good guy.
Allegations that he funded MRC, and paid bails for terrrorists have never been proven.
They once took a 5 billion loan from a bank, using a title deed that was to be revoked by Uhunye.
Has the current SGR from Mombasa to NBo passed thru Lamu county, really? I dont know. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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guru267 wrote:faa wrote:
They once took a 5 billion loan from a bank, using a title deed that was to be revoked by Uhunye.
This loan was with NIC.. They had been trying to enforce the personal guarantee to get their money back but now that just became a lot harder. Apparently there is NIC, KCB, Coop and NBK in the mix....those guys borrowed a lot. Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Impunity wrote:faa wrote:TSS was very wealthy.
A quarter of Lamu was his and relatives, if there people who reaped billions from SGR compensation its him, I spent time in Mombasa and for several years I stayed in his rental properties, on just this properties alone, he would averagely make 25M per month.
Good guy.
Allegations that he funded MRC, and paid bails for terrrorists have never been proven.
They once took a 5 billion loan from a bank, using a title deed that was to be revoked by Uhunye.
Has the current SGR from Mombasa to NBo passed thru Lamu county, really? I dont know. Maybe he meant lapsset.
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Rank: Elder Joined: 2/8/2013 Posts: 4,068 Location: At Large.
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KulaRaha wrote:guru267 wrote:faa wrote:
They once took a 5 billion loan from a bank, using a title deed that was to be revoked by Uhunye.
This loan was with NIC.. They had been trying to enforce the personal guarantee to get their money back but now that just became a lot harder. Apparently there is NIC, KCB, Coop and NBK in the mix....those guys borrowed a lot. Plus I&M and BOA Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
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Rank: Elder Joined: 2/8/2013 Posts: 4,068 Location: At Large.
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guru267 wrote:faa wrote:
They once took a 5 billion loan from a bank, using a title deed that was to be revoked by Uhunye.
This loan was with NIC.. They had been trying to enforce the personal guarantee to get their money back but now that just became a lot harder. Having borrowed in company name,maybe dome company assets will be liquidated. Enlighten me please.... From hearsay,Muslims should not die with debt and if its there family and friends should take responsibility. True? Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
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Rank: Elder Joined: 12/7/2012 Posts: 11,921
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Bigchick wrote:guru267 wrote:faa wrote:
They once took a 5 billion loan from a bank, using a title deed that was to be revoked by Uhunye.
This loan was with NIC.. They had been trying to enforce the personal guarantee to get their money back but now that just became a lot harder. Having borrowed in company name,maybe dome company assets will be liquidated. Enlighten me please.... From hearsay,Muslims should not die with debt and if its there family and friends should take responsibility. True? Okay now you want @Apha here with blue and red posts, GL. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Bigchick wrote:KulaRaha wrote:guru267 wrote:faa wrote:
They once took a 5 billion loan from a bank, using a title deed that was to be revoked by Uhunye.
This loan was with NIC.. They had been trying to enforce the personal guarantee to get their money back but now that just became a lot harder. Apparently there is NIC, KCB, Coop and NBK in the mix....those guys borrowed a lot. Plus I&M and BOA There guys are up to their eyeballs in debt, and they haven't paid anyone. Apparently the kids are useless and spend all the money on holidays and rubbish. Business opportunities are like buses,there's always another one coming
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