Former Imenti Central MP Gideon Mwiti (pictured) is dead. The former MP whose financial firm collapsed with savings of 6,000 members faced bankruptcy proceedings in 2018. On January 29, 2004, businessman Mwiti incorporated Kenya Akiba Micro Financing Ltd to lend out money to entrepreneurs. They also applied to have CBK ordered to release their property or to deposit Sh2 billion as an undertaking for damages. The judge ordered CBK and its officers to release all the properties taken during the November 2, 2005 raid.

Source: Standard Digital July 25, 2021 09:11 UTC