COPIED
Breaking news posted as received .
News just in John Kithaka fired from Fep CEO to just an ordinary board member after blunder's involving Billion's of shilling's spent under questionable transactions. Mr Morris Korir takes office with immediate effect as of Monday last week. Kithaka came with a tag of a staunch Christian and has left FEP in shambles.
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1)We talked about losses in June 2015 before they were declared in Sept 27 AGM
2) We talked about money being stolen in the 8 page 17 points addendum and the board has just fired Kithaka for the same misappropriations and questionable transactions
3)We talked about issues in Investor database and share certificates and CBK used same grounds to deny the DTMF license in March 2016
4)We talked about board being compromised and questions came up about Mwongeras capabilities and Bishop Kariukis personality.
5)We talked about FEP investments being redirected to TAI and SOFIC and now the two leaders Kithaka and Karuu have exited leaving behind the whereabouts of the monies and shares transfered from FEP
6) We talked about pertinent issues and FEP gagged OKOA only for other interested members to come up and publish the truth.
7) Mwongera lied in AGM speech that legal action had been taken against the thieves who stole but no court cases are on record for the same taking place or the action ever being initiated.
FEP has been exposed and its time they declared what steps they are taking to recover the money from Kithaka, Wachira and their companies Archlink international and Kyoto Construction.