News Column

Probe Mombasa Finance Executive, Rep Tells EACC

February 25, 2014

Brian Otieno



Kongowea ward representative Jabess Oduor has told the Ethics and Anti-Corruption Commission to investigate the conduct of Mombasa Finance executive Walid Khalid. Oduor and Khalid have been at loggerheads over a motion to impeach the executive for alleged incompetence, arrogance and abuse of office.

Khalid has also accused Oduor of controlling a cartel that has been fleecing the Mombasa government of millions of shillings, a claim that Oduor has denied. Yesterday, Oduor wrote to EACC chairman Matemo Mumo and Director of Public Prosecutions Keriako Tobiko to probe Khalid over an alleged Sh20 million loan default taken from Kenyan banks.

"During the vetting, the officer did not disclose his outstanding loans of Sh20 million with Kenyan banks (five non-performing accounts), which he was not servicing then and still outstanding to date," read Oduor's letter. He said this is contrary to chapter six of the constitution which stipulates that the conduct of all state officers should be beyond reproach including financial matters.

"According to records at Credit Reference Bureau of Central Bank Kenya, he (Khalid) is rated GG. That implies that Walid Khalid is not credit worthy and unfit to hold public office," Oduor's letter read. On Saturday, Khalid admitted that he has had problems with Gulf African Bank, where he used to work, over the interest paid to loans he took.

He said he is a firm believer in the Shariah Law, which prohibits the issuing or taking of interest on loans. Khalid however said the matter is personal. He said he is open to scrutiny by any institution as he is clean.


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Source: AllAfrica


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