Members of Parliament have summoned Equity bank CEO James Mwangi over a KSh 15 billion loan given to Deputy President William Ruto’s friend.
The MPs want Mwangi to appear before the finance and planning committee to shed light on Ruto’s claim that his Turkish friend, Harun Aydin got a loan from the bank.
“The purpose of this letter is to invite you to a meeting with the committee scheduled for August 25 in the mini-chamber,” read part of a letter seen by Kivumbi.co.ke
William Ruto’s friend is said to have gotten the loan from Equity with his help and later invested the money in a vaccine plant in Uganda.
According to a confession by DP Ruto, Aydin got the loan after the latter made a phone call to the bank’s management.
“Harun is a businessman who I helped acquire a loan of Sh15 billion from Equity bank to establish a business in Uganda. He is not a criminal,” Ruto said.
Now, the Committee chaired by Homabay Woman Rep Gladys Wanga wants Mwangi to answer if the bank conducted a background check on Ruto’s friend, Harun Aydin.
Also, the MPs want Mwangi to explain whether the bank verified the intended use of the loan advanced to William Ruto’s friend.
This is because Harun Aydin was deported on suspicion that he was involved in money laundering activities and was illegally operating a business in the country.
While appearing before a parliamentary committee on security, Interior CS Fred Matiang’I said that Turkey officials requested the Kenyan government to hand him over to them for further investigations.
William Ruto’s hand in securing a loan for Harun Aydin raised uproar from his political opponents.
Kitui Governor Charity Ngilu fired at Ruto for aiding a foreigner to establish a business, yet neglecting the Kenyan youth.