Gerald Warui is currently the talk of the town after he came out to defend Equity Bank. This is in matters to do with the Ksh.15 Billion loan that Deputy President William Ruto said the bank offered Turkish citizen Harun Aydin so that Aydin could invest. Many expected Equity Bank CEO James Mwangi to come out and clear the air but Mr. Mwangi sent his junior, Gerald Warui.
Equity Bank Managing Director Gerald Warui's dismissal of claims that his bank granted a Sh15 million loan to deported Turkish investor Harun Aydin doesn't mean anything Nandi Senator Samson Cherargei has said. Warui denied allegations that his bank issued the loan while appearing before National Assembly's Departmental Committee on Finance and National Planning, badly exposing Deputy President William Ruto.
The Equity Bank has finally cleared the air on Ruto's Turkish aide Harun Aydin's suspected role in the $15 billion loan issue. PHOTO /COURTESY Members of Parliament had already summoned the Equity Chief Executive Officer in connection with Harun's alleged loan related to the Dp's phone call.
It is recently that the Turkish man Harun Aydin who is said to be the closest friend to the Deputy President was deported over money-laundering links and illegal movement into and out of Kenya. This was a government stand, and as Dr. Fred Matiang’i reported to the National Assembly Security Committee on Friday, August 13, 2021, Aydin’s stay could cause political tribulations, which is the last thing the government can wish for its people.
Self-proclaimed Hustler Spokesman Itumbi Sends a Tough Message to Equity MD After Latest Revelation on Harun Aydin
Equity Bank has denied assertions made by Deputy President William Ruto that it granted a Sh15 billion loan to Turkish businessman Harun Aydin as a result of his influence. Equity Bank's Managing Director Gerald Warui testified before the National Assembly's Finance Committee, chaired by Homa Bay Woman Rep Gladys Wanga, that the bank has no link with Aydin.
The story of a Turkish national in Deputy President William Ruto's aborted trip to Uganda early this month attracted mixed reactions from Kenyans after he was arrested by detectives upon his return from Uganda and subsequently deported back to Turkey. Turkish businessman Harun Aydin at the DCI headquarters on 7th August this year [Photo|Courtesy]
Deputy President William ally Dennis Itumbi has finally responded to Equity Managing Director denial on Ruto's Associate Haydin who was deported some few weeks ago to Turkish capital. Equity MD Gerald Warui issued a statement claiming that Harun Aydin had no account with the bank and never took a loan from the same bank.
On being grilled by the parliament over the controversial 15 billion Kenyan shillings allegedly loaned DP Ruto's Turkish friend Harun Aydin, Equity Bank Managing Director Gerald Warui has now been forced to make things clear in public. According to him, he is not aware of such bank transactions to the Turkish businessman who even has no personal or business account with the bank.
Recently, political analyst Mutahi Ngunyi made stinging remarks on DP Ruto. The Equity Managing Directing cleared the air about Ruto's relationship with Harun Aydin. After facing the Finance and Planning Committee to answer questions, the officer said that there is no any phone call that Equity Bank received from Ruto regarding the loan of 15 billion that was claimed to have been given to Aydin.
The controversy following the arrest and detention of Harun Aydin, and Deputy President William Ruto's botched trip to Uganda, ended when he was deported to Istanbul. Equity Bank has denied having any banking relationship with the DP associate Harun Aydin. The bank’s Managing Director Gerald Warui was speaking before the National Assembly’s Departmental Committee on Finance and National Planning which invited Equity Bank to shed more light on the alleged issuance of a Ksh.15 billion credit facility to Harun Aydin.
Hon. Gladys Wanga has reacted to claims by the Equity Managing Director, Gerald Warui that Equity Bank did not receive any phone call from DP Ruto over the 15 billion cash loan that was allegedly borrowed by Harun Aydin. While facing the Parliamentary Committee, Warui denied processing the loan.
Fresh twist in the Ksh. 15 Billion loan saga involving Deputy President's ally and investor, Harun Aydin after Equity Bank Managing Director, Gerald Warui gave his official statement on the saga in front of National Assembly Parliamentary Investments Committee. The Equity Bank Manager in his statement stated that the Bank has not issued any loan to either DP Ruto or Turkish Investor, Harun Aydin as earlier alleged by the Deputy President.
Deputy President William Ruto allies have fired back against Equity Bank denial statement over their involvement in Lending Ksh 15 Billion to Turkish National Harun Aydin revealing the Truth. On Wednesday the Equity Managing Director Gerald Warui appearing before the Parliamentary Investments Committee (PIC) which is chaired by Gladys Wanga informed that the Equity Bank has no loan or account with the bank contrary to the past remarks issued by the Deputy President.
The Equity Bank has finally cleared the air on the alleged connection between Ruto's Turkish aide Harun Aydin and the 15 billion loan saga. Members of Parliament had earlier summoned the Equity Chief Executive Officer in connection with Harun's alleged loan linked to the Dp's phone call.
ODM reacts after Equity Bank denys their involvement of lending DP Ruto 15 billion. ODM Communications Director Philip Etale, has informed that the denial by Equity Bank is a show of who DP Ruto is made of, with the alleged President Uhuru Kenyatta's political advisor Mutahi Ngunyi informing that "DP Ruto has the gift of telling political Lies.
Equity bank has denied ever giving sh 15 billion to the Turkish national, Harun Aydin. The banks managing director Gerald Warui on Wednesday told a parliamentary committee the bank does not have any banking relationship neither does he have a loan with us. Warui said on Wednesday.
Few weeks after the deputy president told Inooro Tv media that He had helped the Turkish man Haron Iydin secure Ksh 15 billion equity loan, He has again made another statement distancing himself from the claims. According to Ruto's current statement, He has revealed that He did not involve himself in negotiating with the Equity Bank officials to secure a multi-billion loan to the Turkish foreigner.
Following the morning turn of events.Where Equity bank, via its Managing Director Gerald Warui denied any links with Deputy President, William Ruto Turkish associate, Harun Aydin over the 15 billion loan transaction. Which Dp Ruto is alleged to have aided him to acquire. The revelation by Equity bank has stired a heated online debate.
"He does not operate and does not have a banking relationship neither does he have a loan with us." Equity bank managing director Gerald Warui revealed after being summoned by the National Assembly Finance Committee. The saga involving Deputy President William Ruto and Turkish international business man Harun Resit is taking another twist as it was earlier on stated that he was in Kenya on business purposes.
Equity bank group has come out to defend itself, and refute claims made by deputy president William Ruto two weeks ago on the identity of mystery Turkish national Mr Harun Ayadin.Ruto had earlier said that the Turkish was an investor who he helped secure a ksh 15 billion from Equity bank,through a phone call.