Equity Bank Leaves Ruto Exposed Over sh 15 Billion Loan

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In a grilling session at Parliament building on Wednesday August 25, Equity Managing Director Gerald Warui responded to the reports saying as far as he was aware, he cannot tell anything about the loan since its yet to be in his knowledge.

“He does not operate and does not have a banking relationship neither does he have a loan with us,” Warui said adding that perhaps if the person who claims to have been loaned dealt with an individual from the bank then that is another story which should be investigated.

Warui was speaking this before the National Assembly Finance Committee chaired by Homa Bay MP Gladys Wanga.

He added that the ‘one million dollar phone call’ Ruto purportedly made to Equity is not in his knowledge upto today. He was saying this to settle suspicions that they had loaned Ruto’s man Harun Aydin the sum of sh 15 billion.

Ruto had previously told a local Tv station that he helped the foreigner secure the loan for an investment in Uganda. This was after he was blocked by State agencies from traveling to the neighbouring country (Uganda) for unknown mission.

This was the second trip in a month which raised eyebrows triggering the government to block him

Aydin who was to accompany Ruto to Uganda would, a day later, be arrested and deported back home after Kenya’s government suspected his travel and identification documents.

This however did not go well with a section of DP William Ruto allies who came out protesting the move by the Uhuru Kenyatta’s government.