In Summary
  • The investigation report also recommended that Gakuyo pay Ekeza Sacco Sh40 million.
  • He alleges that the report is incomplete as it also recommends auditing of accounts of Ekeza Sacco within three months.
  • Mr Gakuyo further alleges that he was never served a notice to appear before the commission when the inquiry was being conducted.

Controversial televangelist David Kariuki Ngare, popularly known as Gakuyo, wants the report by cooperatives regulator recommending that his real estate firm be surcharged Sh1 billion for Ekeza Sacco scandal suspended.

Mr Gakuyo on Thursday asked the High Court in Nairobi to ignore the report by the commissioner of co-operatives development.

The investigation report also recommended that Gakuyo pay the sacco Sh40 million.

Ekeza Sacco was permitted to take appropriate measures to recover all defaulted loans amounting to Sh564 million.

The preacher is also seeking to stop the commission from removing the management committee of the sacco.

BIASED

The embattled bishop and his real estate firm have sued the commissioner of co-operative development and the Attorney General in a case where Ekeza Sacco is listed as an interested party.

Through his lawyer Simon Mburu, Mr Ngare claims that the report is biased, unprocedural and premeditated.

He argues that if recommendations of the report are to be adhered to, his right to fair administrative action will be violated.

He alleges that the report is incomplete as it also recommends auditing of accounts of Ekeza Sacco within three months.

He further alleges that he was never served a notice to appear before the commission when the inquiry was being conducted.

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