Equity Bank Denies Issuing Sh15 Billion Loan to Ruto's Turkish Associate Harun Aydin
Equity Bank says it does not have any banking relationship with deported Turkish national Harun Aydin.
Aydin, an associate of Deputy President William Ruto, was removed from Kenya early this month for allegedly engaging in money laundering activities.
Appearing before National Assembly Finance and National Planning Committee on Wednesday, Equity Managing Director Gerald Warui said Aydin does not hold an account with the bank and has never been given any loan.
“He (Harun Aydin) does not operate and does not have a banking relationship with us neither does he have a loan with Equity Bank,” Warui stated.
The committee had invited the lender to shed more light on the alleged issuance of a Sh15 billion credit facility to Aydin. It launched an inquiry after Ruto’s proclamation that through a single phone call he helped an investor secure a Sh15 billion loan from Equity Bank for setting up a pharmaceutical company in Uganda.
“When I was in Uganda like a month ago, the President (Museveni) invited me to open a pharmaceutical company dealing with covid vaccines. I was invited because the investor behind that company came right here in my office two years ago and asked me to connect him with Equity bank since he wanted a loan to invest in,” Ruto said in an interview.
“I picked the phone, called Equity, and told them to assist this investor from East Africa. This investor was successful and obtained a Sh15 billion loan (150 million USD) and he went and set up that factory.”
Warui told the House committee that he is not aware of any such phone call from the deputy president. “From where I sit, I am not aware of that phone call. But maybe given time I can try to find out because we have many senior people at the bank both at the Group and Kenyan level. We also have many board members so it might not have come to my attention whom he might have called,” Warui said.
He also clarified that the maximum amount of credit a single client can secure in Uganda is Sh2.3 billion.
“We have not lent Sh15 billion to any of those two customers in Uganda. When it comes to Uganda, the amount that can be lent to a single customer is capped to a limit of Sh2.3 billion because of the capital requirement,” he added
Comments
This mother fucking Ruto is…
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This mother fucking Ruto is a damn lair! Is this how kenyans wants to live with an idiot as the next president! ? Ruto is suffering from something real big in his head!
Ruto may have been…
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In reply to This mother fucking Ruto is… by Khaemba (not verified)
Ruto may have been successful in bribing those politicians in the judiciary aka judges but he forgot to bribe Equity Bank to lie on his behalf or maybe, just maybe they turned him down. Thats patriotism.
The day of reckoning is coming to this con man and it will be served on a silver platter.
You can rent a kikuyu but…
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In reply to Ruto may have been… by Mūgīkūyū (not verified)
You can rent a kikuyu but you can’t buy one! So says Mutahi Ngunyi! And yes, Ruto forgot to bribe James Mwangi!
May I say a golden platter…
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In reply to Ruto may have been… by Mūgīkūyū (not verified)
May I say a golden platter will be used to put Ruto in his place! He is acting like he owns Uhuru but things will turn around pretty quickly!
The man of Sugoi is not…
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In reply to May I say a golden platter… by Shawn (not verified)
The man of Sugoi is not intelligent at all to mess with the son of Jomo! I am telling you what I know like a good mother! Uhuru is not a little boy fir Ruto to walk all over him.
Ruto never named the person…
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Ruto never named the person he assisted with a phone call. Junet Mohammed came up with the name.
Ruto named the person and…
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In reply to Ruto never named the person… by Augustine Karuga (not verified)
Ruto named the person and said they are building a meds facility in Uganda! Do you homework @karuga!
I happened to have been…
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In reply to Ruto named the person and… by Mathenge (not verified)
I happened to have been listening the interview live. You better find the recorded script.
Kenyans are more important…
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In reply to I happened to have been… by Augustine Karuga (not verified)
Kenyans are more important than Ruto! His association with terrorists are well known. Kenyans know the truth! Stop stifling our democracy!
Go tell that to the birds
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In reply to Ruto never named the person… by Augustine Karuga (not verified)
Go tell that to the birds
I knew that a kikuyu bank…
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I knew that a kikuyu bank manager would not heed a call from Ruto or any kalenjin thief!
Ruto made up everything to cover up his involvement with a terrorist! Ruto is a very sick man!
Please remember Biwot was a…
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In reply to I knew that a kikuyu bank… by Mathenge (not verified)
Please remember Biwot was a man on a mission when he killed several Kikuyus in the Rift Valley in 1992. A young lad called Ruto was Biwot’s mission executor under the fake YK92. In 2008, Ruto killed many Kikuyus! Now Ruto is telling us he is a man with a plan and no body will halt his planned mission! I have a question? What is Ruto’s mission plan for the Kikuyus after 2022? Kikuyus must ponder Ruto’s mission in 2023 and work together to stop him before he get a chance to burn us all alive!
I remember when the issue of…
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I remember when the issue of the two dams came up Ruto loudly said no money was lost. We all know the end result. Now on this "investor' he helped him to get 15b loan yet the guy is not even a Kenyan. We Kenyan need to have a second thought before putting this man in state house. Surely he doesn't deserve it.
There will not be a Ruto…
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In reply to I remember when the issue of… by Bmore (not verified)
There will not be a Ruto state house! But your good thought still count!
This idiot @ruto is the most…
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This idiot @ruto is the most hated in the entire world! I guess people don’t like thieves and murderers!
This guy Ruto is a disaster…
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This guy Ruto is a disaster waiting happen on Kenya if elected president. And going by the traditional stupidity of the Kenyan voter, all signs lead to a great likelihood of that happening. God save us all.
That is exactly what Ruto is…
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In reply to This guy Ruto is a disaster… by Mutuura Mwangi (not verified)
That is exactly what Ruto is counting on with his matakonomics theories! He is counting on those rogue kikuyu youth who have formed a very bad habit of eating without cutting a sweat. They are receiving wheelbarrows from Ruto not understanding that a wheelbarrow is a symbol of a backward curse for a kikuyu! Ruto is now taking us from motor bikes back to a wheelbarrow economy. Which one is faster: a wheelbarrow or a motorcycle!! Boda boda boys tell us the truth!
It's true. We need Rails to…
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In reply to That is exactly what Ruto is… by Rika (not verified)
It's true. We need Rails to start giving the youth pickups.
@karagu - poor you - give,…
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In reply to It's true. We need Rails to… by Augustine Karuga (not verified)
@karagu - poor you - give, give, give all the way to give mafi you will take!
You have such a low self defeating mentality unlike the Kikuyus that I know! Kikuyus always give without expecting some 🤚 handouts @karagu! Did you have a fatherly figure in the house when you were growing up to teach you the gratification you get when you work and earn something for yourself??
Why do you sound so defeated like a prodigal son? Did you ever scoundrel your father’s wealth or you don’t even know who your father was?
Ruto killed your kins - women and children by burning them (Kiambaa church), and you are anemically attached to a murderer and a thief!!?? Oh poor you @karagu!
Work hard for your shit so you can be a proud kikuyu, and a valuable Kenyan citizen! I am an old woman by I have worked hard for everything I got!
Right now the youth travel by motorcycles (boda boda) but your Ruto is insulting you by giving you a wheelbarrow (shitty handout) to take your sick mother to the hospital! Is your mother a dog to be thrown on a wheelbarrow?? Wake up boy!!!
Ruto’s rebel attitude is…
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Ruto’s rebel attitude is very dangerous for the country. Just imagine a school headmaster and his deputy having disagreements in the market place? The deputy would be fired on the spot and possibly lose his job! This is how things tends to work naturally! This DP is displaying a level of arrogance that no one has ever seen before! He thinks he knows everything but soon he will be surprised to realize he was just bluffing himself!
Ruto gave the terrorist some…
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Ruto gave the terrorist some stolen money that ruto has stacked in the museveni’s Ugandan banks to start a biological chemical weapons to nuke Kenyans so he can own the whole country all by himself! This thief will do anything to still from Kenyans. The man dmSugou told you he is on a mission to sell our country to the highest bidder! And Ruto well sell Kenya; it is just a matter of time!!
Ruto will come to regret his…
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Ruto will come to regret his asinine crap! Uhuru is done joking with this fool!
Whatever money laundering…
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Whatever money laundering deals Ruto is doing with some terrors groups must be uncover for the internal security of the Republic of Kenya! There are many thing many that Ruto is doing that are very questionable! It is important to uncover his hidden tracks!
Hei, hei, hei!!! Andu aitu -…
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Hei, hei, hei!!! Andu aitu - we need a seat at the high table to represent us! This Ruto will finish us and especially if he can publicly lie using the void name of our own moneyed Mr James Mwangi to protect his terrorist friend!
We do need a good representation especially by a very unfortunate chance Ruto wins presidency in 2022. He told us that he is “a man on a mission” after Uhuru spoke! That Ruto mission he is talking about could another planned event like the 2008 Kiambaa massacre where he killed Kikuyus!
Wow, where are our boys to defend us?? I am very scared and I have not been sleeping well lately! We got a big problem in our hands that need discussion in every kikuyu household!
Nyumba ya Mumbi, let is United together to avoid Ruto killing all of us in another Kiambaa style massacre - Ruto is in a mission to finish us!
The West will not allow Ruto…
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The West will not allow Ruto to be president of Kenya; period. He is barred from visiting the European Union countries, the USA, Canada, Australia, and New Zealand. Can you all remember when he launched his UDA party office branch in Atlanta Georgia he sent a representative?
They said the same for…
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In reply to The West will not allow Ruto… by Bobby Kibe (not verified)
They said the same for Uhuruto ticket.
Ruto’s ticket is not Uhuruto…
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In reply to They said the same for… by Augustine Karuga (not verified)
Ruto’s ticket is not Uhuruto! Stop being a dummy fool! You need to get raid; a mean a get a piece of ass to jump start you dead brains! You sound like a chungulira!
Ruto’s ticket is not Uhuruto…
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In reply to They said the same for… by Augustine Karuga (not verified)
Ruto’s ticket is not Uhuruto! Stop being a dummy fool! You need to get raid; a mean a get a piece of ass to jump start you dead brains! You sound like a chungulira! !!
Whuly is Ruto lying using a…
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Whuly is Ruto lying using a kikuyu owned bank to lie? Does he want to start destroy kikuyu owned businesses so they can go under? He has not been elected president but he is now lying against Kikuyus business enterprises!
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