Whats wrong with people especially when money is involved hadi families turn against each other,children against mother...tabia mbaya sana http://www.standardmedia...liech-s-mother-in-court

What I get from the story:

The family is together and no issues amongst its members. KCB took the land title deed and the only way to get it back is claim that the woman did not own the land nad could therefore not dispose it off. You do this by showing via a court ruling that the land has other parties who are not part of the KCB loan issue. So its a strategic move by the family to get the land back.

The problem with most Kenyans is that we take "news" as reported by the money hungry media houses. Esp the headlines.

The mother was actually demanding back the title deed from the KCB lawyer. (As seen in media) It may not work but I guess thats their move.

@richdad you are right on this being a family play against the bank. @maka your argument is severely wanting.

Pesa sio ya kutupa tupa ovyo ovyo, what was the loan for?...Did it achieve it's purpose, the mum should explain this!!!!

The logical thing done would be for the bank to take a charge over the property for 2m (or an alternative security) as well as an assignment of rental income so that all the rental income accruing from the property goes towards settling the extant loan.
However, if the property has a number of joint owners and KCB did not get their consent/ personal guarantee in favour of mama's borrowing, then it can be challenged in a court of law and maybe this maybe what we are witnessing now. But on the other hand, KCB can just keep the title without charging it (equitable security).
This is my surmise based on the little conflicting info. going round.

Alternatively, why can't Oliech clear the o/s and kcb returns the title so that it remains with the family? Or he takes a cash-backed 2m loan? Or he gets a bank guarantee from his current bankers as security for the 2m loan so as to release the title?

I agree with @impunity, hii ni pesa kidogo which the family can quickly clear but are not reluctant to for reasons best known to them - there appears more to it that they are letting up

I presenter yesterday mentioned that Oliech bought the property for his mother (cant even remember which channel because i kept flipping through them). if this is so, why would his siblings take their mother to court? When a child buys the parent property, does it become "family" property or the parent can do whatever they wish with it?

How do you define "family property"?

Who are these Oliek's sibling who has taken their maternal mom to court?
But that mom looked confused and the children could be right, this is Kenya and one son of a prominent former Mpig wanted a court to declare his dad senile!

oliek should just go to the bank and buy back the property for 2m, and revert it to himself.
shida kwisha, pap.

That there is some serious reading..

Let me speculate, maybe Oliek has realised what a terrible money manager his mama is and wants his property to her in his name lest she squanders everything.
I once ate at Mama Oliek in hurlingham and was very disappointed.