@Lianne

Thanx for the correction. I did mention that the Central Bank boss gave Equity some waivers and always jumps to defend it. Be very afraid when the enforcing officer acts as the PR guy for the ones he is supposed to be monitoring.

Dont get me started on Helios,go do further DD on that one and you will see political fat cats all over it.

You cannot call the 'modo' model a success until it has survived the recession,anyone can produce great numbers during boom time,lets see how the 'modo' model survives the recession stress test.

@TB..

Ati Mwangi & Trade Bank!

I can't believe you've taken us back to that rumour!

The person who injected capital was Munga..the Chairman. Mwangi did not have that kind of money at the time.

If you can only associate exponential growth with Ponzi Schemes,then you need to read more!

Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)

@mukiha

Lets talk about Mwangi's role in the Tradebank collapse,this is the one topic that Equity supporters will never discuss period. The moment one mentions Mwangi and another model bank that collapsed,they all suddenly see no evil,say no evil and speak no evil.

It is not a rumor,Mwangi was indeed Tradebank senior executive and should not even be allowed to work as a teller at any bank. Here in America,we send such thieves to jail.

And yes,Mwangi and co did pump money to revive Equity building society,only that we know Mwangi's money was stolen from poor depositors. Truth hurts,Mwangi stole at least sh 200 million from Trade Bank which he then invested in Equity. Halafu you claim eti you know Equity's history, you just look at the history you want to see.

Hata Tradebank grew exponentially and so do a lot of ponzi schemes.

@Generali

I'd choose:

1) Bank with - EQTY [I have seen them easily lend money to and change the lives of several entreprenurs,and I don't like archaic procedures at KCB]

2) Invest in - EQTY [GoK holding in KCB opens it to the risk of interference...as happened in the Moi years]

3) work in - EQTY [working in a growing market leader opens up very many orppotunities for career growth]

Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)

@mukiha

I see you are conveniently turning a blind eye to Mwangi's history yet you are the one who was preaching the importance of history. well,let us go down memory lane..

So in1989,Trade Bank collapses and the top executives take off with the loot:

Alnoor Kassam-CEO : takes off with ksh 800 million,escapes to Canada

John Munge-General Manager: takes off with his loot and forms EuroBank,another political bank that collapses with billions of depositors money.

Solomon Muthamia-Senior Forex Manager: joined Munge in forming EuroBank and fleecing more depositors.

James Mwangi-Senior Finance Manager: uses part of his ks200 million loot to buy Equity,tuns it into yet another political ponzi scheme

Now look at that company,all thieves. and their modus operandi is the same: buy a few politicians,buy the Central Bank manager,form a bank,leverage to the max and then bail out. but Equity folks would rather talk about history going back to 1984 but not this history going back to 1989.

Over to you Mukiha