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Family Bank defends Ksh10m car gift lady over loan

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Laura Akunga’s story has taken a new turn, with the bank claimed to be owed by her coming to her defense.

Ms Akunga, who stirred excitement by gifting her 30-year-old husband of one year with a Ksh10 million car, soon became a target for scrutiny, including allegations about her debts. Family Bank has threatened to sue Standard Media Group for a report it terms as ‘false and erroneous’, reports Tuko.

The Nairobian, a paper owned by the media house, quoted a court affidavit claiming that Laura Akunga had been pressured by the bank to clear a defaulted loan. “Family Bank had sought to recover a loan of KSh 40 million which she had guaranteed somebody, who had defaulted… She had been given 48 hours,” the paper wrote on 3rd July 2015.

RELATED: LAURA AKUNGA SUED OVER KSH18M DEBT

However, the bank said the statement is factually incorrect. “The bank has not at any time sought to recover any debts against her directly or indirectly as a guarantor,” reads a letter signed by Ms Rebecca Mbithi, the company secretary.

It says the statement caused embarrassment and injured its valued client’s reputation and, to an extent, the bank’s. The bank now wants the paper to aplogise and retract the statement from “all their social media sites” by July 10, 2015 or face legal action.

Businessman Sriram Bharatam sued Laura and her company March 31, over an alleged KSh 17 million debt she took in 2013.

NEXT READ: KSH10 MILLION WORTH OF LOVE FOR CITY MAN

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BUSINESS TODAY -

editor [at] businesstoday.co.ke

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