A candidate for the yet to be formed Independent Electoral and Boundaries Commission (IEBC) has been disqualified for non-payment of a university loan advanced to him by the Higher Education Loans Board.
The candidate, Mr Isaac Mutoka Shivachi, graduated from the University of Nairobi in 1980, but has not serviced his loan in the past 19 years. He was disqualified during interviews for the recruitment of IEBC commissioners held in Nairobi Tuesday.....
MORE HERE:
http://www.businessdaily...-/11wj6toz/-/index.html
Given the punitive penalties, I wonder how much his total bill is today...
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.