Dawa ya deni ni kulipa goes the swahili saying. However to Kakamega county Mca’s this cardinal age old rule does not apply.<\/p>\n\n\n\n
When I.G bank (Invest and Grow sacco) established its branch in Kakamega town, the managers envisaged a sound working relationship with the county government with mutual benefits to both parties. Little did they know that the honorable members were so dis-honorable.<\/p>\n\n\n\n
Take this case for example, a Hon member approaches the bank for a loan facility. As a requirement, the member is requested to have his fellow mca’s sign as guarantors for the loan and their pay\/salaries must be channeled through the bank ( I.G bank)
Once a member accesses the loan, he\/she mischievously colludes with the countie’s HR officer and switches his\/her pay point. This then leaves the guarantors with the burden of clearing the loan which the bank effectively chops off from their salaries.
The bank is so effective that some Hon members have been going without pay for months.<\/p>\n\n\n\n
The Kakamega county deputy speaker is one such victim. After guaranteeing a fellow member who later defaulted and changed his pay point, the Deputy speaker not only paid the loan but lost a total of 400 000ksh being part of his savings\/dividends at the bank.
After several meetings with the defaulter who has adamantly refused to pay, the deputy speaker is considering an option of seeking legal redress to have his money back from a fellow Mca.<\/p>\n\n\n\n
We spoke to the Sacco manager who felt sorry that they had to deduct money from the speaker’s account to clear the arreas but said the bank had limited options. He blamed the county’s HR manager for changing the staff’s pay point without consulting the bank.<\/p>\n\n\n\n
On Friday, a fight ensued at the county offices when a member of the staff went to the bank and upon checking his bank balance, found that his monies had been deducted to settle a loan repayment for a colleague who had defaulted and changed his pay point from I.G bank to co op bank.
Mr Odongo and Andanji both staff of the county assembly had a fist fight after Odongo realized that his hard earned money had gone to settle Andanji’s loan.<\/p>\n\n\n\n
Hon Absolom Andati an Mca in Kakamega too is having a problem with a fellow member who abused his kindness and changed his pay point thus forcing him to repay the loan as the borrower walks about unperturbed.<\/p>\n\n\n\n
Another member Hon Joan Mwamto had no kind words to the defaulters. “May I be given the contacts of the staff member who clobbered a defaulter, I have an assignment for him. There is a member I guaranteed and instead of honoring her debt obligation, she is busy cat walking around as I shoulder the heavy burden of paying her loan” Hon Joan lamented.
This and many others are the sad situation from our so called Hon members. We shall be publishing a full list of the loan defaulters next week.
The bank manager is set to hold a meeting with the county HR office to find an amicable solution to this issue<\/p>\n","protected":false},"excerpt":{"rendered":"
Dawa ya deni ni kulipa goes the swahili saying. However to Kakamega county Mca’s this cardinal age old rule does not apply. When I.G bank (Invest and Grow sacco) established its branch in Kakamega town, the managers envisaged a sound working relationship with the county government with mutual benefits to both parties. Little did they …<\/p>\n","protected":false},"author":1,"featured_media":1415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,59,1],"tags":[99,98],"class_list":["post-1414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tie-business","category-gossip","category-news","tag-kakamega-county","tag-loan-defaulting"],"_links":{"self":[{"href":"https:\/\/goodmorningkenya.com\/wp\/index.php?rest_route=\/wp\/v2\/posts\/1414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodmorningkenya.com\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodmorningkenya.com\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodmorningkenya.com\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodmorningkenya.com\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1414"}],"version-history":[{"count":1,"href":"https:\/\/goodmorningkenya.com\/wp\/index.php?rest_route=\/wp\/v2\/posts\/1414\/revisions"}],"predecessor-version":[{"id":1416,"href":"https:\/\/goodmorningkenya.com\/wp\/index.php?rest_route=\/wp\/v2\/posts\/1414\/revisions\/1416"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/goodmorningkenya.com\/wp\/index.php?rest_route=\/wp\/v2\/media\/1415"}],"wp:attachment":[{"href":"https:\/\/goodmorningkenya.com\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodmorningkenya.com\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodmorningkenya.com\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}