Atwoli and Jirongo in legal tussle over Sh110 million debt - News Summed Up

Atwoli and Jirongo in legal tussle over Sh110 million debt


The former Lugari MP allegedly made an undertaking on October 10 admitting his indebtness to Mr Atwoli and undertook to repay him by that October 21. Mr Atwoli claims in court papers that, by an agreement made last August 10, he advanced Sh100 million to the Nyayo-era influential politician, payable in 50 days, with an interest of Sh10 million. By ABIUD OCHIENGMore by this AuthorCentral Organisation of Trade Unions secretary-general Francis Atwoli is embroiled in a legal tussle with politician Cyrus Jirongo over a Sh110 million debt. “Despite demand made, Mr Jirongo has totally refused, failed and ignored to effect payment as per the terms of the agreement,” said Mr Atwoli. Mr Jirongo acknowledged receipt of the funds on the security of his consent judgment, and the undertaking made by Nairobi City County lawyers to Mr Atwoli’s advocates, to repay the amount with a top-up of $100,000, totalling $1.1 million (Sh110 million) within the agreed period.


Source: Daily Nation January 25, 2017 21:37 UTC



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