- Sam Ongeri;
- the late Kipkalya Kones;
- Joshua Kulei;
- the late PC Fred Waiganjo
- the late Munene wa Kairu (my former MP) who owed just over Ksh300m
- to 87. who I'll name as I collect the names...
These loans are it seems the ones that were written-off by GoK in its Ksh20bn bond to NBK. At the time of the deal to write-off the Ksh20bn I was shocked because my understanding was always that NBK didn't have significant portfolio of bad debt emanating from parastatals. What it means is somebody took money from NBK under duress, spent it and then had GoK pay-off the loan on their behalf!
PS: While searching for the 87 names, I stumbled upon the original Ndungu-repport otherwise known as the List of Shame that was tabled by Musikari Kombo sometime back. Very very interesting read...
And peeps are complaining about what looks like a bargain (though unprocedural and untransparent) deal for Grand Regency?