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Sk macharia declared bankrupt
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Tommy
#21 Posted : Friday, January 28, 2011 5:30:24 PM
Rank: Veteran

Joined: 12/9/2010
Posts: 894
Location: Nairobi
Jus Blazin wrote:
haha, can this thread cause damage really to citizen? I think that's far fetched

my friend, u r undermining the strength of wazua. the no. of guests to this site is very high.
Don't wait for the Last Judgment. It happens every day. ~Albert Camus, The Fall, 1956
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ValerieLemaiyan
#22 Posted : Friday, January 28, 2011 5:31:46 PM
Rank: Member

Joined: 11/14/2009
Posts: 46
SK Macharia Bankrupt? Heazi hata kidogo, pesa ya 2929 ilikuwa mingi
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Elder
#23 Posted : Friday, January 28, 2011 5:33:00 PM
Rank: Elder

Joined: 9/7/2010
Posts: 2,148
Location: elderville
Mtu Biz wrote:
Elder wrote:

Not so fast. Ruling delivered by Lady Justice Koome today. Over debt of KES 394 Million owed to CCK.



Link????


Learnt of it from the High Court. So currently no link.
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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Jus Blazin
#24 Posted : Friday, January 28, 2011 6:02:19 PM
Rank: Elder

Joined: 10/23/2008
Posts: 3,966
Tommy wrote:
Jus Blazin wrote:
haha, can this thread cause damage really to citizen? I think that's far fetched

my friend, u r undermining the strength of wazua. the no. of guests to this site is very high.

I still maintain. far fetched.
Luck is when Preparation meets Opportunity. ~ Lucius Annaeus Seneca
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KenyanLyrics
#25 Posted : Friday, January 28, 2011 6:08:36 PM
Rank: Veteran

Joined: 4/16/2010
Posts: 906
Location: Nairobi
Impunity wrote:
newfarer wrote:


When SKM name is mentioned RMS comes to mind.Kweli ,rogo?


Kweli.

But debts to CCK should surely not be personal, unless RMS ni sole proprietorship
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Elder
#26 Posted : Friday, January 28, 2011 6:22:29 PM
Rank: Elder

Joined: 9/7/2010
Posts: 2,148
Location: elderville
KenyanLyrics wrote:
Impunity wrote:
newfarer wrote:


When SKM name is mentioned RMS comes to mind.Kweli ,rogo?


Kweli.

But debts to CCK should surely not be personal, unless RMS ni sole proprietorship


Debts come in all guises. In this instance my understanding is that it is costs pursuant to a court case.
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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Alfylavie
#27 Posted : Friday, January 28, 2011 7:26:53 PM
Rank: Member

Joined: 9/24/2010
Posts: 136
Location: Nairobi
S.K Macharia has been declared bankrupt by the Court of Law due 2 non-paid debt of over 300,000,000/=
Making money never gets boring
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thuks
#28 Posted : Friday, January 28, 2011 7:34:25 PM
Rank: Veteran

Joined: 10/8/2008
Posts: 1,575
KTN reported the same at 1900hrs
I care!
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obiero
#29 Posted : Friday, January 28, 2011 9:58:49 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
boss. separate the business from the owner. accounting 101
COOP, IMH, KEGN, KQ, MTNU
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kiriita
#30 Posted : Friday, January 28, 2011 10:55:38 PM
Rank: Member

Joined: 4/20/2008
Posts: 437
Elder wrote:
KenyanLyrics wrote:
Impunity wrote:
newfarer wrote:


When SKM name is mentioned RMS comes to mind.Kweli ,rogo?


Kweli.

But debts to CCK should surely not be personal, unless RMS ni sole proprietorship


Debts come in all guises. In this instance my understanding is that it is costs pursuant to a court case.

True dat. And I believe Dr. Ken Kiplagat is the one pursuing these costs. This is the same guy a court awarded costs of KES 600m against GoK never mind gava is challenging it. Oh boy.
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