Gakuyo grilled over Ekeza Sh1bn theft - News Summed Up

Gakuyo grilled over Ekeza Sh1bn theft


He is said to have started an investors’ club at Gakuyo Real Estate, where he and his wife Hannah Wachu are co-directors, and asked Kenyans to invest their money to help the company run the business and in return reap a two per cent monthly interest. Detectives questioned Mr Gakuyo over claims that he siphoned more than Sh1 billion saved by over 78,000 people at the troubled Ekeza Sacco and used it to spruce up his lifestyle. TAKE ACTIONThis came a day after Interior Cabinet Secretary Fred Matiang’i instructed police to speed up the arrest of Ekeza Sacco officials, where Gakuyo is the chairman. The DCI has confirmed that no complaint has been lodged against our client,” Mr Omari told reporters outside the DCI headquarters. But Mr Omari said that a few minutes before Mr Gakuyo arrived at the DCI, a formal complaint was filed by the Trade ministry.


Source: Daily Nation March 07, 2019 21:56 UTC



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