TEN THINGS to know about Hon Mwiti, who allegedly RAPED ex Citizen TV Reporter

By NAIROBI NEWS REPORTER
1. He was born on December 6, 1960; he’s 55.

2. He is nicknamed “Livondo” by his supporters because of his flashy lifestyle similar to that of flamboyant Nairobi politician Stanley Livondo.

3. He is a director and shareholder of the Kenya Akiba Micro Finance Ltd, which was closed in 2005 at the height of the pyramid schemes crisis.

4. In May 2012, a judge ordered the Central Bank of Kenya (CBK) to pay his company Kenya Akiba Micro Finance Ltd close to Sh1 billion after the court decided that the regulator acted arbitrary in closing down the business in 2005.

5. In 2013, Mwiti was charged with inducing by deceit and trickery 12 investors to put money in the Kenya Business Community Sacco that went down with Sh780 million in 2008 following a government purge on illegal banking institutions. He was acquitted in the same year with the judge accusing investigators of leaving loose ends in their probe.

6. Lest you forgot, 20 people are said to have killed themselves after being ruined by pyramid schemes. Thousands other investors were also left destitute in the devious schemes that cumulatively cost majority poor Kenyans Sh34 billion.7. Mwiti is not a TNA MP; he successfully vied for the Imenti Central parliamentary seat on an Aliiance Party of Kenya (APK) ticket, the ‘bus’ party headed by Meru Senator Kiraitu Murungi.

8. In November 2007, Mwiti, through his company Touchstone Developers Ltd, advanced to Igembe South MP Mithika Linturi a loan of Sh12.6 million to conduct his campaigns. In 2011, Linturi paid a lump sum of Sh14 million after Mwiti moved to court seeking to attach his property.

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