Author Topic: State capture - How kenyattas snapped Kimotho's K24 media stable for a song  (Read 3618 times)

Offline Githunguri

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kimotho sold the station once she realized it was going to be flooded. she sold at highest valuation. she couldn't fight off competition from Macharia wa Citizen.
Uhuru wanted kameme to use it in 2013 elections...that was his main target...macharia inoro was always struggling against kameme and so unlike you and me...who look for money and give kimotho a fair value for her jewel..he plotted to take it a way for a song.Ensared her with expensive overdraft with hidden terms that saw credit rise to 70m in few months and was ready to buy her out.Its why she trying to comeback.

1) What was the repayment period of the 12MN and how did it become 70MN?After how many months?

Wacha hekaya.
We shall have a commission of inquiry to dig the details otherwise moron it very clear that overdraft grew from 12m to 70m in six months and it's probably true that uhuru ensued she was not getting ads from private sector where he has influence or gov...once she had sold it cheaply..mediamax went back to profitability

Wacha UJINGA.

An overdraft can't grow from 12MN to 70MN in six months.

Offline RV Pundit

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Kiamwangi LOW IQ fool. The 12M overdraft was charged daily interest. If the interest is 10%; in 24hours its 20; %in 150 days it's 1500% (10% times 150 days) - just like Fuliza interest where Kenyatta and Safaricom are killing kenyans....annual interest on Fuliza is something close to 300-1000% percent.


Wacha UJINGA.

An overdraft can't grow from 12MN to 70MN in six months.

Offline Githunguri

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Kiamwangi LOW IQ fool. The 12M overdraft was charged daily interest. If the interest is 10%; in 24hours its 20; %in 150 days it's 1500% (10% times 150 days) - just like Fuliza interest where Kenyatta and Safaricom are killing kenyans....annual interest on Fuliza is something close to 300-1000% percent.


Wacha UJINGA.

An overdraft can't grow from 12MN to 70MN in six months.

IDIOT.

An overdraft with an interest rate of 10% per day?Where on earth?Where?

Offline RV Pundit

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Problem with LOW IQ and bad education.
Dangerous combination
Fuliza is an overdraft facility
It charges daily interest.
If you do six month on 12 million fuliza it will grow to beyond 70M.
IDIOT.

An overdraft with an interest rate of 10% per day?Where on earth?Where?

Offline RV Pundit

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Offline Githunguri

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Problem with LOW IQ and bad education.
Dangerous combination
Fuliza is an overdraft facility
It charges daily interest.
If you do six month on 12 million fuliza it will grow to beyond 70M.
IDIOT.

An overdraft with an interest rate of 10% per day?Where on earth?Where?

We are not talking about FULIZA.Everybody knows about that.

Bring the overdraft loan facility agreement between Rose Kimotho K24 Vs CBA bank 2008.I don't like foolish stories.

Offline RV Pundit

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That is work of state capture commission that will be formed to investigate how Uhuru planned to snatch Kimotho asset for a song - when he was min of finance - and co-owner of CBA bank.

I am proposing Miguna Miguna to head such a comission.

The idea being to get those dynasties run to exile - and we nationalize their assets - and forget about them in very short time - by december - Miguna Miguna will have eliminated them from kenya map


We are not talking about FULIZA.Everybody knows about that.

Bring the overdraft loan facility agreement between Rose Kimotho K24 Vs CBA bank 2008.I don't like foolish stories.


Offline Githunguri

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That is work of state capture commission that will be formed to investigate how Uhuru planned to snatch Kimotho asset for a song - when he was min of finance - and co-owner of CBA bank.

I am proposing Miguna Miguna to head such a comission.

The idea being to get those dynasties run to exile - and we nationalize their assets - and forget about them in very short time - by december - Miguna Miguna will have eliminated them from kenya map


We are not talking about FULIZA.Everybody knows about that.

Bring the overdraft loan facility agreement between Rose Kimotho K24 Vs CBA bank 2008.I don't like foolish stories.


https://familybank.co.ke/loans/overdraft-loans/

Business overdraft are loaned on annualized terms across all banks...I get overdraft every now and then...this story of Rose kimotho doesn't make sense.

Offline RV Pundit

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I am sure it more than overdraft; it was a complex scheme to take over Kameme; then most popular kikiyu station so Kenyatta can own you with propaganda suited for their needs; so it's upto kimotho to provide evidence to Miguna Miguna who I am proposing to head the State Capture Commission or to become the joint secretary.

The recommendation will be simple. Kenyattas to return Kameme to Kimotho. Kenyatta to be prosecuted.

https://familybank.co.ke/loans/overdraft-loans/

Business overdraft are loaned on annualized terms across all banks...I get overdraft every now and then...this story of Rose kimotho doesn't make sense.

Offline KenyanPlato

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Ngina kenyatta is my aunt touch uhuru and I will crush your balls

Offline RV Pundit

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You will also be arraigned in court for oppressing the poor people of Kimende.
Gachagua will deal with you.
Wacha ile alikuwa DO....bado unalia 30yrs later eti DO DO DO :)
He will be DPORK
Gachagau knows all the kenyattas and their weakness...he will finish them with Miguna Miguna.
Ruto will be busy with other important stuff.
Ngina kenyatta is my aunt touch uhuru and I will crush your balls

Offline Githunguri

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I am sure it more than overdraft; it was a complex scheme to take over Kameme; then most popular kikiyu station so Kenyatta can own you with propaganda suited for their needs; so it's upto kimotho to provide evidence to Miguna Miguna who I am proposing to head the State Capture Commission or to become the joint secretary.

The recommendation will be simple. Kenyattas to return Kameme to Kimotho. Kenyatta to be prosecuted.

https://familybank.co.ke/loans/overdraft-loans/

Business overdraft are loaned on annualized terms across all banks...I get overdraft every now and then...this story of Rose kimotho doesn't make sense.

It has now switched from an overdraft to a complex scheme?

Miguna won't help,He has been charged severely with rape cases.Let him deal with pussy first.

Offline RV Pundit

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This is not first time I am reading Uhuru schemes. His first victim was Macharia of Citizen. Macharia has taken him to court. Find out how he tried to snatch Macharia business in the late 90s - when Moi had made him blue eye boy in gov - and when he failed bankrupted Macharia.

He took Macharia credit card business - then went for his tissue paper business. The schemes that Uhuru and Gideon have pulled to snatch people business is crazy. Macharia had pioneered credit cards in 1990s - Uhuru saw it was making money- he tried to snatch it from Macharia and when it failed - Uhuru had the banks blocked his account - and left him an hole. Then Uhuru was not done - he went for his tissue paper business - Macharia never gave up - went for media and has thrived.

It's is why Macharia doesnt stand Uhuru. In fact him and Raila have a special menu for kenyattas. It's better Ruto will treat him with respect.

Kenyattas time to repay their evil deed is coming. The Odingas will serve their revenge very cold. Ruto is just interested in their money.

It has now switched from an overdraft to a complex scheme?

Miguna won't help,He has been charged severely with rape cases.Let him deal with pussy first.

Offline RV Pundit

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Gideon Moi find out how he snatched KTN from Jared Kagwana - the Gusii lawyer who started private media in kenya.
How he snatched the Standard from Lonrho using Mark Too

Nearly all these business they own they have snatched from people or simply demanded shares from foreigners coming to kenya.

When they see money - they come for you. If you refuse like sportpesa did - they finish the company - because they have so much political influences - they just ammend the law or call the regulator to finish you or their or state banks to cut credit lines.

Offline RV Pundit

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Most of you fools are part of the STATE CAPTURE - victims of Kenyattas FORCED FED NONSENSE BY THEIR KAMEME - at least Kalenjin got over Moi and wont care if he was finished or not - and you're defending him without even knowing.

https://www.businessdailyafrica.com/bd/corporate/companies/uhuru-entangled-in-s-k-macharia-sh690m-legal-row-2034524

Offline RV Pundit

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Kenyatta himself bankrupted Jaramogi Odinga very successful Lolwe Bus Companny.
Odinga was amongst first people to join business in 1950s.
He was running Luo thrift - and was very enterprising.
He had very good bus company - that was amongst the best in the region
Dr Oburu was running Lolwe bus

Jomo Kenyatta bankrupted the bus company - he had bank loan recalled - and they went and sold everything including Jaramogi sufurias for the balance.

They threw the Odingas to the streets.