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CMC MOTORS Boardroom Wars
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mnjoro
#181 Posted : Wednesday, November 16, 2011 4:37:57 PM
Rank: Member

Joined: 2/21/2009
Posts: 573
gathinga wrote:
COURT blocks former CMC chairman Peter Muthoka from holding extra ordinary meeting on Monday.

Applause Applause Applause Applause
At least the company has time to finish the audit.
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VituVingiSana
#182 Posted : Thursday, November 17, 2011 12:59:49 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
If I had to choose between Lay/Ndungu/Kibe vs muthoka/kiereini/forster... I am going with LNK
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Sober
#183 Posted : Thursday, November 17, 2011 7:20:44 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
So there being no eeting on monday, what happens.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Kwanini
#184 Posted : Thursday, November 17, 2011 9:56:14 AM
Rank: Member

Joined: 1/28/2009
Posts: 353
Location: Cloud
hi, quick one is Gin the newly appointed PR gurus for CMC? sob sob... money under the sewer!! How i pity all the CMC "guests" who keep this thread in their armpits as if it were their staff manual...
"For i am the master and the captain of my fate"
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liomungai
#185 Posted : Thursday, November 17, 2011 11:46:24 AM
Rank: New-farer

Joined: 2/17/2010
Posts: 47
Location: Nairobi
@GordonGekko
Quote:
BTW, is it true that Muthoka was a bland BBK cashier at one point in his life and questions still abound as to how he managed to end up in control of Andy and CMC?

d'oh! true that, he got a connection to the big boss - bwana pepe mandevu.....
People who look for easy money invariably pay for the privilege of proving conclusively that it cannot be found on this sordid earth
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Lolest!
#186 Posted : Saturday, November 19, 2011 9:16:57 PM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Received some long mail from Lay countering the points raised by Muthoka in his EGM. Could this crisis be a turning point to the better for the co? During the quiet times the directors and staff were fleecing the co! Now they know our eyes are on them. If Muthoka could overcharge 0.5b at a time when the co made 0.4b in profits and now such avenues have been closed it could herald better days ahead!
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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hisah
#187 Posted : Sunday, November 20, 2011 7:22:44 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Lolest! wrote:
Received some long mail from Lay countering the points raised by Muthoka in his EGM. Could this crisis be a turning point to the better for the co? During the quiet times the directors and staff were fleecing the co! Now they know our eyes are on them. If Muthoka could overcharge 0.5b at a time when the co made 0.4b in profits and now such avenues have been closed it could herald better days ahead!


Approx 95% of serious enterprise corruption cases end up in bankruptcy...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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QW25081985
#188 Posted : Sunday, November 20, 2011 9:06:23 AM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
Lolest! wrote:
Received some long mail from Lay countering the points raised by Muthoka in his EGM. Could this crisis be a turning point to the better for the co? During the quiet times the directors and staff were fleecing the co! Now they know our eyes are on them. If Muthoka could overcharge 0.5b at a time when the co made 0.4b in profits and now such avenues have been closed it could herald better days ahead!


i like your thinking ....
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sparkly
#189 Posted : Sunday, November 20, 2011 6:59:54 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Lolest! wrote:
Received some long mail from Lay countering the points raised by Muthoka in his EGM. Could this crisis be a turning point to the better for the co? During the quiet times the directors and staff were fleecing the co! Now they know our eyes are on them. If Muthoka could overcharge 0.5b at a time when the co made 0.4b in profits and now such avenues have been closed it could herald better days ahead!

mmhhhh similar wars at marshalls, look no further. A company cannot have time to for negative politics and time to make money. Employees feel insecure look for exits or chances to 'eat'. Customers are neglected and shun the association. Suppliers will be unwilling to offer favorable credit terms or will just withdraw franchises. Imho
Life is short. Live passionately.
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vinii
#190 Posted : Monday, November 21, 2011 7:45:37 AM
Rank: Elder

Joined: 10/14/2009
Posts: 2,057
Lolest! wrote:
Received some long mail from Lay countering the points raised by Muthoka in his EGM. Could this crisis be a turning point to the better for the co? During the quiet times the directors and staff were fleecing the co! Now they know our eyes are on them. If Muthoka could overcharge 0.5b at a time when the co made 0.4b in profits and now such avenues have been closed it could herald better days ahead!

@ Rorest, could you share the mail here?
If you are an eagle don't hang around with chickens; chickens don't fly....
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