Geoffery Kiragu, the Director of Lesedi Developer, on Wednesday, January 11 denied reports that his company swindled more than Ksh1 billion from its clients ...
- CARE11 January 2023 - 6:49 pm - ORDER11 January 2023 - 7:09 pm - Aftermath11 January 2023 - 6:51 pm - Tussle11 January 2023 - 7:01 pm - RESPONSE11 January 2023 - 7:32 pm We procure land and have overheads," the statement read in part.
Geoffrey Kiragu, CEO of Lesedi Developers has for the first time come out to talk about the scandal involving his company, stating that investors are ...
As a matter of fact, the company issued 1,500 title deeds in December last year, and we plan to give more," he said. On the other, the MD explains that the land is genuine, and that those who invested needed to hold on slightly longer for their title deeds to come out. The realtor has won various awards over the last two years including Company of the Year Award in the 2021, NaBLA Awards, and the first Runnerโs Up Land Selling Company of the year 2022. On one hand, the disgruntled investors paint a picture of a man who set out to fleece them of their hard-earned money. It was a development that forced the potential land and homeowners to bay for the entrepreneur's blood, adding that they had lost millions of shillings in bank loans. - TUKO.co.ke delves into the details surrounding the scandal, and whether it is a case of impatience on the part of investors, or a normal technical hitches from the issuance of titles
The media had reported growing concerns among its clients who hoped to at least get a refund of their money paid to acquire plots in various parts. According to ...
โThe company has reimbursed zero shillings to me so far. Ms Fidelis Njeri Thuku is a mother who hoped she would stop paying rent before the end of 2021. Buoyed by the same frenzied advertising, Mr Robert Kingori bought plot number 158 in Muthaara in Juja, Kiambu County, from Lesedi Developers in April last year. Its founder Kenneth Lay is one of the people who inspired me to start Lesedi Developers four years back. However, in December 2001, the company filed for bankruptcy. โIf you are a keen reader, perhaps you know the evolution of Enron Corporation.