Auctioneers put billionaire Munga’s estate on sale

NAIROBI, KENYA: Peter Munga, a prominent businessman in Kenya could lose part of his investment due to outstanding bank debt. The properties to be auctioned by end of the month are situated within stone groove estate which is located approximately 700 meters off Kamiti road and 199 meters off Mirema drive at the Naira court turn off in Mirema area, Zimmerman, and Kasarani in Nairobi.
Read more at: https://www.standardmedia.co.ke/business/article/2001257270/auctioneers-put-billionaire-munga-s-estate-on-sale

For those who dont know, huyu ndiye mdosi wa @uwesmake pale ekwiti. Sasa kama mbirioneya napigiwa ngekele, sembunze hehohahe kama yours truly.

Equotorial nuts

Huyu jamaa is notorious for not paying, he owns a ka school where he never paid the architect, engineer and q.s a single cent for services rendered na pia alihepa na pesa ya contractor. Ni billionaire ako na katabia kabaya

Pioneer?

Waweke bibi ya his late son Kwa auction… Mbirrionaires tuweze kuplace bids.

Not a kaschool, but a school where big weights take their kids. When there is a visiting day, police man the road to protect their vehicles. I didn’t know his other side of the coin

So ni mwizi?

Court battles to follow & mostly will be represented by Kimani & Michuki Advocates they are birds of the same feathers…

Asii

Jamii Bora Bank is the one that want to recover the money from Peter Kahara Munga,the chairman of the bank is James Mwangi Gacheru, those of us who have been around the block for a long time knows he is the owner of Gacheru Motors along Murang’a road. This are just old boys washing dirt in public. These guys used to be buddies.

Hapa sijui nini unasema
But
James Mwangi is CEO Equity Bank

Peter Munga is Chairman Equity Holdings

Equity holdings own Equity Bank

Peter Munga is the highest shareholder in Equity bank, amedema James mwangi mara kama 5 in share percentage

A family friend told us that he supplied stationery and printed materials to the school for a whole year and was never paid a cent. He had to close shop. :frowning:

Big lie. :slight_smile:

Peter Kahara Munga = 15 M shares
James Njuguna Mwangi = 127 M shares

As at 31-Dec-2016

typical kikuyu from Rwathia. mkono ngati kama saitan.
as a shiny eye i despise such people. hata aki-accumulate 100000000 billion hawezi nunua maisha. shame on him.

I have not mentioned Equity bank anywhere,there is James mwangi and James mwangi Gacheru…

Basi mimi niliona zangu kitambo

Cool. These Murang’a guys are still very very rich. Peter Munga is worth about 10-15 billion easy.

Actually I might be correct
Equity is majority owned by Britak where Munga has shares worth 65M US dollars through equity holdings and another 21M US dollars through BRITAK itself then 9M through Filimbi then 3M through Equity holdings. Angalia Wikipedia. It has never been secret that Munga is richer than Mwangi

I noticed so.
Sorry

Munga guaranteed someone else loan. It’s not his loan. My guess is he is waiting for the one he guaranteed the loan to pay