Four Banks Agree to Comply with Embakasi East MP Babu Owino's Demands

Four Banks Agree to Comply with Embakasi East MP Babu Owino's Demands

Embakasi East MP Paul Ongili alias Babu Owino says that four banking institutions have agreed to his earlier demands.

In a post on his Facebook page on Thursday, the MP said that for him to open a Constituency Development Fund (CDF) account in any bank, the institution must first employ at least ten residents of his constituency.

“For me to open Embakasi east cdf account with any bank in Kenya or proceed with the existing account,the bank must provide employment opportunities to at least 10 residents of Embakasi east.If the above Condition is not met the bank should forget business from us.DO ME I DO YOU,” wrote Babu Owino.

In another post on Friday, the former Students Organisation of Nairobi University (SONU) leader said four Banks including Cooperative Bank, CBA, KCB and Equity Bank had contacted him and expressed their will to fulfil his condition.

“The following banks contacted me today and have agreed to employ residents of Embakasi east. Coop bank, CBA, KCB and Equity bank. Embakasi east residents love you. Need CVs.”

"I would like to urge all the companies & government institutions in Embakasi East to employ the residents," he added.

Comments

JustMe (not verified)     Sat, 11/11/2017 @ 02:20am

In reply to by Ukweli (not verified)

"So great" when done for the press to danganya toto jinga... when "do me i do you" or scratch my back I scratch yours is used in the African context, we know what it means....SOON IT WILL BE DONE AWAY FROM THE PRESS, AND SOMEONE IS GOING TO POCKET THE LOOT...guess who wil?...Baby Owhiny. Very poor role-modelling.....what are our kids learning here?

Ukweli (not verified)     Sat, 11/11/2017 @ 12:30pm

In reply to by JustMe (not verified)

It's a global thing, Trump has mentioned that, " put Americans First" and demanded the same measures, so why not Babu. Afterall people especiallky the youth are now getting jobs coz he demands every company within to hire the locals. So it's a great negotiating deal! Great Role Model Indeed.

JustMe (not verified)     Sat, 11/11/2017 @ 05:21pm

In reply to by Ukweli (not verified)

The problem with you @ukweli, it looks, you just can't discern....can't tell at what point to change your mind. You seem to be those people who buy something and stay with it for ever, no matter what....the fact that you still think America is still "It" and you are still looking up to its leadership tells me a lot about you. Two wrongs DO NOT make a right.....whether America does the same or not.. and/or 'everyone' does it....A WRONG IS A WRONG IS A WRONG!

Mugi (not verified)     Sat, 11/11/2017 @ 10:34am

In reply to by OneDay@times (not verified)

There should be very clear guidelines as to where the money should be banked, how, when it should he used and by whom. These gaping holes in the construction need to be closed ASAP. Babu should merely be following the law not coming up with "clever ideas" on how to throw his weight around. He should table those ideas in Parliament for discussion.

Kijicho (not verified)     Sat, 11/11/2017 @ 04:18am

This is nothing new. It happens hata US. You saw just the other day the individual states going into a frenzy to outbid each other for Amazon to establish its 2nd Hq in one of them, in exchange the state gets employment for its pple and it provides some incentive like tax break/cut to Amazon. The only problem is some companies will kula the incentive only to months down the line fire the employees it pledged to hire siting quarterly loses. My point, beware of such companies!!

Kenya (not verified)     Sat, 11/11/2017 @ 09:53am

In reply to by Kijicho (not verified)

@Kijicho. You are comparing two different things. Owino is talkiing about opening a bank account not opening a bank branch or expanding a branch in his constituency. Amazon not talking about opening a bank account in MD with Belair National Bank. They want to open a 2nd HQ and that will create hundreds of jobs

Kijicho (not verified)     Sat, 11/11/2017 @ 04:17pm

In reply to by Kenya (not verified)

The picture i am trying to paint is, hizo banks could accept to hire Embakasi constituents only for them to get the Cdf account opened and then months down the line fire the employees siting quarterly losses. In short just using those employees as pawns to get what they want.

Kenya (not verified)     Sat, 11/11/2017 @ 06:57pm

In reply to by Kijicho (not verified)

@Kijicho. I get your point. Hii ni kimbele mbele ya Owino tupu. I know there are guidelines of where CDF should be banked and the account already exist. CDF is not a new thing it was there before he became an Mpig

Kijicho (not verified)     Sat, 11/11/2017 @ 04:18am

This is nothing new. It happens hata US. You saw just the other day the individual states going into a frenzy to outbid each other for Amazon to establish its 2nd Hq in one of them, in exchange the state gets employment for its pple and it provides some incentive like tax break/cut to Amazon. The only problem is some companies will kula the incentive only to months down the line fire the employees it pledged to hire siting quarterly loses. My point, beware of such companies!!

hassan (not verified)     Sat, 11/11/2017 @ 09:11am

Buy america sell am
erica
it was said by trump before
now it is serve embakassi people
as to proceed your agenda
for working our erea

Kenya (not verified)     Sat, 11/11/2017 @ 09:31am

I do not get it. He is talking of opening a bank account (CDF) not opening a bank branch. To my guess that bank account already exists because other before him used it. On the other hand this is opening a bank account with the banks that already in his constituency and are fully staffed. Does he want some staff who do not live in Embakasi East to be fired to create job opportunities for his people.

Maxiley (not verified)     Sat, 11/11/2017 @ 09:49am

And if those 10 so happen to be the most qualified,and "unfortunately" Kikuyus,and Kalenjin, will there be a backlash...

MLACHAKE (not verified)     Sat, 11/11/2017 @ 08:23pm

In reply to by Maxiley (not verified)

Maxiley, hiyo ni yako. Didn't see / read it in the article. I don't necessarily agree with Babu Owino's approach to doing things but he's VERY RIGHT on this one. He's in Parliament to represent his constituents and joblessness is one of the biggest problems he has to contend with. Way to go Babu!

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