Kyalo Mbobu: Church elder stuck in debts, lawsuits and betrayal
Source: The Standard
Slain lawyer Mathew Kyalo Mbobu was deeply in debt. He faced court cases filed by several companies accusing him of defaulting on loans and withholding client funds.Investigations byThe Standard can confidently reveal that Mbobu had been blacklisted by banks and turned to shylocks, micro finance firms, payday lenders and credit companies. In many cases, the interest on these loans swelled to nearly ten times the original amount.Get Full Access for Ksh299/WeekBold Reporting Takes Time, Courage and Investment. Stand With Us.Support Bold JournalismUnlimited access to all premium contentUninterrupted ad-free browsing experienceMobile-optimized reading experienceWeekly NewslettersMPesa, Airtel Money and Cards acceptedAlready a subscriber?Log inFollow The Standard
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Investigations byThe Standard can confidently reveal that Mbobu had been blacklisted by banks and turned to shylocks, micro finance firms, payday lenders and credit companies. In many cases, the interest on these loans swelled to nearly ten times the original amount.Get Full Access for Ksh299/WeekBold Reporting Takes Time, Courage and Investment. Stand With Us.Support Bold JournalismUnlimited access to all premium contentUninterrupted ad-free browsing experienceMobile-optimized reading experienceWeekly NewslettersMPesa, Airtel Money and Cards acceptedAlready a subscriber?Log inFollow The Standard
channel
on WhatsApp
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