A businessman in Bungoma County sought justice after two employees reportedly forged documents to own a hydro-power company he and five others established.
According to the entrepreneur, the two took advantage of his sick condition to edge him and his business partners out of the company based in Mt Elgon.
While speaking to the press, the man noted that his business partners had given up on the matter, but he was relentless in seeking justice.
"The people took advantage of my health condition and decided to take the company for themselves," he narrated on Saturday, December 18, in an interview with TV47.
He added that while he was sick and resting, some of his partners passed away, and the two employees changed the directorship of the company.
His family reportedly brought him up to speed on the developments when he recovered.
He lamented that the business partners, who were still alive, gave up on following up on the matter due to its complexity.
However, he declared his relentlessness in regaining the company, noting progress.
"As we speak, the people who fraudulently took over the company have been arrested," he claimed in the interview with TV47.
The company in Mt Elgon was expected to tap into the market and produce electricity to benefit the locals.
According to the Companies Act 2015, before changing the director of a company, the initial director needs to resign through an official letter, be declared bankrupt, be dismissed from office, become afflicted with a mental illness, or be unable to serve on the board of directors.
Some of the requirements for changing the directors include a resignation letter(s) from the director(s), an Affidavit of Resignation and the company minutes of when the director(s) quit.
