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Housing Finance: HFCK a diamond in the rough
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obiero
#1651 Posted : Monday, January 23, 2017 9:02:32 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
sparkly wrote:
MuchNo wrote:
muandiwambeu wrote:
obiero wrote:
maka wrote:
obiero wrote:
sparkly wrote:
Pesa Nane wrote:
Sad

kenyanwallstreet.com


#DrainTheHFSwamp


Isika for CBK Governor. This guy is a one man Forensics Army.

I have also received such benefits.. Nothing illegal here apart from the unethical behaviour of the jilted employee. This is a case he cannot win


So what happened to rules and regulations???These are the things that brings down firms...

We cannot believe all that we hear.. In a paid up advert the company refuted the claims and mentioned subjudice as well as breach in customer confidentiality.. The man is simply jilted and has decided to go down with the HF shares

I echo these sentiments strongly, especially palm greasing. Some fuse had to blow at a day like this in my lifetimes.my buddy got the sack for detesting frivolous charges on my mort. Phew, so many worms in that can.


Why is no-one questioning the following:

1. Why are we only hearing one side of the story - Isika's?
2. Why was this only reported by one media house - Standard Group?
3. How much homework did Standard Media do before publishing this story and even airing a snippet of the story on their broadcast service, KTN?
3. If there was this massive fraud going on as is alleged by Isika, why is CBK mute on the matter? The Governator has proven that he wouldn't let this kind of behaviour slide...
4. What were the grounds of Isika's departure? And before anyone rushes to answer, please give a substantiated opinion based on both the dismissed employee and the employer's positions.

As @muandiwambeu and @obiero intimate, this smacks of sour grapes by a disgruntled former employee. It looks like he wants to bring down HF as long as he is not there... Not cool at all.


The case in court is a case a wrongful dismissal. He is trying to prove that he was fired unfairly, for doing his work very well.

A latecomer, an absentee.. Terrible worker

KQ ABP 4.26
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Angelica _ann
#1652 Posted : Tuesday, January 24, 2017 5:30:08 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
@Obiero, this Isika guy was he working at/for Stanchart before?
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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obiero
#1653 Posted : Tuesday, January 24, 2017 7:14:37 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
Angelica _ann wrote:
@Obiero, this Isika guy was he working at/for Stanchart before?

14 years at Stanchart.. Meanwhile,
Ireri in response to Isika's wild claims says, “The allegations of untoward behaviour on the part of Senior Management Staff and the status of the Non-performing Book are and remain mere allegations, are actually malice and are unfounded and are extraneous to the subject of the court case.”
“The allegations are merely crafted to spice up the suit which was filed arising from a disciplinary action taken by the mortgage lender against the claimant,” read the statement.

KQ ABP 4.26
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  | | Edit by user: Tuesday, January 24, 2017 7:36 AM | Reason: Not specified
alotoftalk
#1654 Posted : Tuesday, January 24, 2017 8:45:07 AM
Rank: Member

Joined: 8/27/2015
Posts: 138
Location: Harare
With Britam's 34% holding in this bank, if the dominoes start falling this will be quite the crisis.

Investment philosophy development in progress...
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T-Bag
#1655 Posted : Tuesday, January 24, 2017 10:06:46 AM
Rank: Member

Joined: 9/25/2008
Posts: 510
Most of it is true, worked with them, but Isika was always a loose and arrogant cannon (a mini Githongo). Cant stop laughing!!!Ati "A latecomer, an absentee.. Terrible worker" pleeeease!Isika had 18 or so good clean ones at stdchart.
https://www.standardmedi...-sh4-3b-toxic-loans-scam
I AM trust in GOD, I AM belief in THYSELF
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MadDoc
#1656 Posted : Tuesday, January 24, 2017 10:49:24 AM
Rank: Member

Joined: 10/26/2015
Posts: 151
alotoftalk wrote:
With Britam's 34% holding in this bank, if the dominoes start falling this will be quite the crisis.




I really feel for all the Britam shareholders. Clearly, it's still yet to have its fill of negative news
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hisah
#1657 Posted : Tuesday, January 24, 2017 11:48:06 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
HF monthly cartoon shows multi-year support at GFC the low which also aligns with the 2011 low. Beyond this support is an air pocket! Caution!

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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VituVingiSana
#1658 Posted : Tuesday, January 24, 2017 3:16:46 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,343
Location: Nairobi
Another counter to delete from my list of investible firms until a thorough forensic audit is performed and appropriate NPLs taken. Perhaps it is time for a new broom?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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muandiwambeu
#1659 Posted : Tuesday, January 24, 2017 3:55:55 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
VituVingiSana wrote:
Another counter to delete from my list of investible firms until a thorough forensic audit is performed and appropriate NPLs taken. Perhaps it is time for a new broom?

@obiero, wewe baki ndani ya hii tumbili. I know you got them steel balls to see you through the bumpy ride ahead. Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Someone asked how much loss can you stomach, for this one, not any other cent on top. Full stop. Too bad that hii maneno inakaa ndio mistari hapa dani.
,Behold, a sower went forth to sow;....
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wukan
#1660 Posted : Tuesday, January 24, 2017 4:02:38 PM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,652
VituVingiSana wrote:
Another counter to delete from my list of investible firms until a thorough forensic audit is performed and appropriate NPLs taken. Perhaps it is time for a new broom?


Frank needs to undergo Crisis communication 101, he allowed a small wild fire to engulf an entire forest. Heads to roll or we get a new broom
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