Lender Freezes 50 Accounts of Hon Babu Owino’s Rival Days Before Supreme Court Ruling

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Bank Freezes 50 Accounts of Hon Babu Owino’s Rival Days Before Supreme Court Ruling

Embakasi East MP Babu Owino’s rival Francis Mureithi who is also a businessman has experienced his 50 accounts frozen by unique financial institutions.

Mureithi learnt of the advancement on Wednesday, August 8, as he went to withdraw income as standard.

The politician applied to withdraw a big sum of dollars at a person of his lender account together Mombasa street on Tuesday, August 7, and was asked to come for the dollars the following working day only to be informed he can not access his funds. Our attempt to get a response Mureithi ended up unsuccessful as a single of his aides claimed the politician was unwell.

It is unclear why he sought to withdraw big sums of hard cash from lots of of his accounts distribute throughout many financial institutions.

To withdraw substantial sums of cash, say previously mentioned KSh 1 million from most local banking companies, 1 first has to make an software to the bank early adequate in advance of accessing the exact same in the evening.

The progress will come at a time Mureithi has filed an attraction at the Supreme Court docket versus Owino’s election as Embakasi East MP. He productively challenged the MP’s win at the Significant Court docket but shed at the Courtroom of Enchantment.

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