News
Kairo Tells Court That He’s Broke; Shows Sh61K Bank Balance
Earlier this week, Kairo requested his passport be released for a crowdfunding event in the US.
Controversial car dealer Khalif Kairo, real name Joseph Wambui, has told a Nairobi court he cannot afford to pay cash bail as he is broke.
Through his lawyer, Kairo informed Chief Magistrate Lucas Onyina that he has abruptly become bankrupt and cannot raise the Sh 500,000 cash bail required for his release.
He presented a bank statement showing his account balance at only Sh 61,000, far below the court’s demand.
The court empathized and released him on a personal bond of Sh 3 million, requiring only a commitment to attend court.
He had already paid Sh 2 million cash bail in two other cases.
Earlier this week, Kairo requested his passport be released for a crowdfunding event in the US.
Magistrate Onyina released the passport, stating that despite objections from the prosecution, Kairo’s rights to movement should not be limited.
“The accused has been traveling outside the country and has always returned, there’s no fear he won’t return,” the court ruled, allowing the passport’s release but directed Kairo to return it upon returning to Kenya.
The case hearing is scheduled for May 26, 2025.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
-
News19 hours agoWhy Ruto’s Favourite Candidate Adan Mohammed Could Be Locked Out of the KRA Top Job
-
Business1 week agoSafaricom’s Sh1.4 Billion Reckoning: How Kenya’s Most Profitable Company Stole a Man’s Idea and Got Caught
-
Africa2 weeks agoThe $24 Million Heist at the End of the World
-
Investigations1 week agoDenial Under Duress: The Untold Collapse Threatening David Lagat’s DL Group’s Empire
-
Business1 week agoTHE INSURER THAT TOOK YOUR PREMIUM AND FORGOT YOUR NAME: How ICEA Lion Left a Client Begging for Sh7.8 Million Across Four Months
-
Business5 days agoThe Rot Inside Absa: How Bank Insiders Are Looting Nairobi’s Customers
-
Business2 weeks agoBush Air Safaris Founder John Ndiritu Risks Losing Property Over Disputed Loan Claim
-
Business6 days agoThe President’s Helicopter: How Ruto’s Aviation Empire Lands a Historic Airbus Milestone While His Government Writes the Tax Code
