Kapsaret Member of Parliament Oscar Sudi recalled losing Ksh11 million of his hard-earned money through a con scheme.
In a media interview with Dr King'ori on NTV published on Tuesday, May 30, the lawmaker narrated that he earned money from his investment in agriculture.
That was after he diversified his ventures, moving from matatu business to wheat farming in Narok County. According to the lawmaker, his bumper wheat harvest earned him Ksh11 million.
However, Sudi stated in the interview that he lost all the money in a con scheme which he did not delve deeper into.
"After I had upgraded and stopped the pool table venture, sold my matatu because I was it was a fake business and then ventured into land brokering. After that, I went to Narok where I started farming Wheat. I raised Ksh11 million, but I was conned all that money," Sudi narrated.
"I don't blame those who conned me, I blame myself because of greed," Sudi stated.
Following the loss, Sudi advised Kenyan youth to prioritise creating wealth and self-employment using their mobile phones. He lamented that most young people had sunk into cyberbullying at the expense of creating networks relevant to building wealth.
To motivate other unemployed Kenyans, Sudi disclosed that he ventured into business while in primary school, juggling academics and making money.
His businesses included selling fruits and other snacks to school-going children.
"I started working after hitting 15 years old. That does not imply that I did not go to school. That was because of poverty and we were squatters. I started my first business venture while in Primary School. I used to sell fruits during break time. During lunch breaks, I used to buy scones and sweets from my friend at Moi University and sell them to students," Sudi narrated.
"Every weekend I used to visit a place called Laini Moja where charcoal burners were operating from, where I could collect left charcoal. I ensured that I collected one and half sack on Saturday and Sunday," he added.
Sudi continued making moves until he became a tout, ditching his charcoal-selling business. The charcoal business helped him create new connections when he started farming.
From learning, Sudi made Ksh100,000 after one successful farming season. He re-invested the money in the fuel business which his friend operated.
He further diversified his investments by buying pool tables which he claimed earned him between Ksh1,200 to Ksh2,000 a day.
"My first time coming to Nairobi I noticed people playing pool table. I got interested in how people were making money. One person told me I could buy a pool table in Kariobangi."
"I bought 24 pool tables. I could make between Ksh1,200 to Ksh2,000 a day," he stated.
Land brokering helped him build wealth and also create a wider network before he ventured into politics.