Thursday, November 7, 2024

Former Governor on the spot over Ksh 5 million debt

Former Bomet Governor Isaac Ruto has denied allegation that he has failed to pay Ksh 5 million being payment of the supply of 50 cattle.

Through a statement, Ruto noted that he has paid Nicholas Teeka, the complaint all the money agreed for the cattle supplied to his farm and that he has not been served with any demand letter.

”For the record, all the live animals supplied to my farm by the claimant were paid as per the negotiated and agreed prices. The animals which were being rescued in Kajiado from a severe drought were selling between Sh10, 000 and sh15, 000 and none sold for Sh100, 000 as claimed by the Claimant,” he said

Nicholas through his lawyers Kalwa Advocates have since issued the former Governor a one week ultimatum to pay or else legal action will be taken.

“By this letter, our client demands that you settle the said outstanding debt in the next 7 days from the date of this letter, failure to which our client shall take decisive legal action against you, all at your cost and peril thereto,” read the letter from the complaint

It has since been revealed that the deal goes back to 2022 when Isaac Ruto was supplied the cattle for a beef rearing project.

The cows were since sold to Farmers Choice at a profit where each cow was valued at Ksh 100,000 thus the 5 million debt.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

28,000FansLike
16,380FollowersFollow
21,000FollowersFollow
- Advertisement -

Latest Articles