Uhuru's Appointee Faces Bankruptcy Over Ksh 390M Loan

Former Labour Cabinet Secretary Kazungu Kambi has suffered a huge blow after a court declined to rule out a bankruptcy case facing him for failing to pay a Ksh 390 million loan, Kenyans.co.ke reported. Kambi had filed a petition asking for more time to service the loan owed to a local bank arguing that his appointment to the National Lands Commission (NLC) meant that he had a source of income and would afford to clear the debt in monthly installments. Reports indicate that Kambi's net worth is Ksh 50 million. Kambi was initially appointed by President Uhuru Kenyatta as a member of the National Lands Commission in 2019 after stepping down from office as Labour CS due to graft claims. He also sought for the case to be transferred from Nairobi to Mombasa. However, Justice Wilfrida Okwany of the Nairobi High Court stated that Kambi's application was not merited. The judge added that Kambi had contravened the law by not filing the application within 21 days after being served with a demand notice. Read more.