Former Assistant Minister and Garsen Member of Parliament (MP) Danson Mungatana has been ordered to repay a Sh7.5 million loan he owes Equatorial Bank in full after the High Court rejected his request to pay the loan in instalments.
The Court ruled that the politician had failed to comply with his earlier plea that required him to pay a monthly instalment of Sh100,000, hence, his plea would not be accepted.
“I find no reason or proof that the judgment debtor is not able to pay at once nor that the most he can pay is Sh100,000 per month. He has not been candid in this matter with facts regarding his finances.
"The result is that I find the application unmerited, lacking in bona fides and thus cannot succeed, but must fail and is hereby dismissed,” Justice P.J.O Otieno stated in his ruling.
The court also dismissed Mr Mungatana’s claim he was not able to pay anything more than what he was offering, indicating that the former Assistant Minister was setting his own terms to pay the debt.
The bank further accused Mungatana of issuing fake cheques that bounced.
The latest revelation could now complicate the financial status of the veteran politician who seeking be the next Tana River Governor.
