By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Newsunplug KenyaNewsunplug KenyaNewsunplug Kenya
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Reading: Karen magnate death investigation: Family says Francis Kiambi’s business was financially troubled
Share
Notification Show More
Font ResizerAa
Newsunplug KenyaNewsunplug Kenya
Font ResizerAa
  • News
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Newsunplug Kenya > Blog > News > Karen magnate death investigation: Family says Francis Kiambi’s business was financially troubled
News

Karen magnate death investigation: Family says Francis Kiambi’s business was financially troubled

new5nuke
Last updated: January 13, 2023 8:37 am
new5nuke 2 years ago
Share
SHARE

The business empire of the late businessman Francis Kiambi appeared to be struggling financially at the time of his death.

Close family members, who are still struggling to come to terms with the death of their loved one, speaking to Citizen TV at the deceased’s home in Tharaka, said the late Kiambi fought a spirited battle to not only grow his business but also support agricultural projects he initiated in the Tharaka community, which celebrates him as a hero.

Grief and sorrow fill the home of the late Francis Kiambi Kirori at his rural home in Nkarini, Tharaka.

Kiambi’s mother Pricilla Siampui and sister Jesica Kajugu are struggling for the fourth consecutive day to come to terms with the devastating news that reached them at 9:30 a.m. Monday morning, when a doctor at the nearby Karen Hospital confirmed the death of their loved one.

For a moment, the two speak in hushed tones, sharing fond memories of their beloved son … when the reality hits them that they will never share the happy moments with him again.

READ MORE  48,174 candidates scored grade E in 2023 KCSE – Machogu

Just hours before Kiambi was found dead in his home, a discussion on a Ksh2 billion loan request was the focus of a five-hour deliberation.

“Kulingana na vile tunajua, hapa mwisho … biashara yake haikuwa Sawa sana. Hata kuna wale directors walikuja hapa wakasema kwamba tangu serikali ianze kuweka sheria kali biashara haiendi sawa. Sio vile ilikuwa mbeleni,” Jessica Kajugu said.

According to a police report, the late Kiambi’s wife, Mary Waigwe Muthoni, told investigators that she fell out with her husband because she refused to guarantee him a Sh2 billion loan to start a business. An incident that allegedly led to the couple sleeping in separate bedrooms on the eve of Kiambi’s death.

According to the investigation, the alleged planned bank transaction was the main discussion during a five-hour consultation at the Big Smoke Bar and Restaurant, located just a few miles from Kiambi’s home.

“There was a discussion about a bank transaction involving the wife, the lawyer and a relative,” the Lang’ata DCIO said.

Matanka, as he was known in his rural home in Tharaka, the local dialect name for watermelon, and which became a household name over time, not only expanded his mainly alcohol brewery, but also improved the economic status of the Tharaka community by introducing watermelon and sorghum cultivation, which improved the livelihoods of locals. Late Kiambi distributed free seeds and provided businesses with the opportunity to purchase the product directly from the farms.

READ MORE  Residents of Eldoret applaud Kindiki's selection to succeed Gachagua.

“The watermelon and sorghum business changed our fortunes…we were able to build stone houses and pay school fees,” said Bernard Murimi.

The news of the late Kiambi’s death shocks the Tharaka community, who mourn their beloved son as a fallen hero of the Tharaka community.

You Might Also Like

Shabiki.com Na Jamii Initiative: Bringing Hope and Water to Schools in Baringo County

KMPDU, UKCS demand Social Health Authority overhaul, threaten nationwide shutdown

Basketball Legend Michael Jordan To Donate $1.3 Billion To Non-Profit

Stolen ID, Kanzu, Gun, Brown Shorts: Evidence That Nailed Jowie Irungu In Monica Kimani Murder

I am a God-fearing man we cannot allow men to marry fellow men” – President Ruto rejects Supreme Court decision to allow LGBTQ groups register in the country

Share This Article
Facebook Twitter Email Print
Previous Article TSC relocates 14,000 teachers before reopening schools
Next Article CAPITAL CITY
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

We influence 20 million users and is the number one business and technology news network on the planet.

Recent Posts

  • The champions host Mikel Arteta’s side this afternoon.
  • Bangladesh bans activities of ousted PM Hasina’s party following protests
  • Court will give me justice; Gachagua says after illegality found in his removal process
  • 🎙️Thierry Henry: “Tomorrow in Montjuïc, Barcelona will clinch the title and prove to the world who is the best!”
  • Columbia University suspends more than 65 students over library occupation

Recent Comments

No comments to show.
Newsunplug KenyaNewsunplug Kenya
© Newsunplug Kenya. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?