Presidential Candidate Declared Bankrupt

United Democratic Party (UDP) presidential candidate Cyrus Jirongo has been declared bankrupt after failing to pay a Sh700 Million debt.

The court on Monday established that the August 8 presidential candidate was not in a position to pay back the massive debt.

Jirongo who has since expressed support for President Uhuru Kenyatta, has had several court cases filed against him and lost many of his assets in tussles involving his creditors.

[caption caption="Former presidential candidate Cyrus Jirongo"][/caption]

In July, Mr Jirongo lost a Sh102 Million property in Eldoret during an auction after he failed to service a Sh495 Million bank loan owed to Dubai Bank.

Read More: Presidential Candidate to Lose Sh102 Million

A businessman, Mr Brian Vongo, also took the politician to court over a Sh25 Million debt seeking to have him arrested and forced to pay the debt in cash.

Read More: NASA Leader Faces Arrest

The former lawmaker unsuccessfully contested for the Kakamega Senator seat in 2013, losing to former Kakamega Senator Bonny Khalwale.

He has also been shamed by COTU Secretary General Francis Atwoli who claimed to have loaned him money for his presidential campaigns.

Court papers filed by the former Lugari MP stated that Atwoli had indeed given him a friendly loan of Sh110 Million that was to be repaid by the Nairobi County Council.

"Though Kuza Farms and Allied Ltd is owed Sh250 million, the said amount has not been paid and I am not to blame for the delay and default by the Nairobi City County in remitting the money," Jirongo absolved himself.

"Mr Jirongo’s clear intention in filing the sham defence is intended to deny me possession and use of my finances," Atwoli fired back in his suit.

Read More: Presidential Candidate With Sh110 Million Debt Exposed

[caption caption="Former Lugari MP Cyrus Jirongo with NASA leader Musalia Mudavadi"][/caption]

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