Kiss 100’s Andrew Kibe in trouble over Sh2.5 million loan

More trouble for Kibe!

Kiss 100’s Andrew Kibe in trouble over Sh2.5 million loan

Kiss 100 breakfast show presenter Andrew Kibe has been sued for failing to pay a Sh2.5 million loan.

Citizen reported that the radio host and vlogger has been sued by a former colleague, who is identified as Joshua Weru.

Court documents filed by Mr Weru said that Kibe borrowed the loan seven years ago and it has accrued interest to total Sh2.5 million.

Kibe who was arraigned in court on Wednesday over the loan had initially borrowed Sh215, 000 from Joshua Weru.

The two had agreed to have the loan paid back in 18 days with an interest of Sh55, 000 and failure to pay the loan, he would accrue a 7.5 percent penalty of the interest for every four days.

Failure to complete the above contractual obligation by 28/02/2012 incurs an additional penalty of 7.5 percent in the above mentioned interest for every four days exceeded from the disclaimer date,” Citizen quoted the court documents.

In the court papers, Mr Weru asked the court to demand that Andrew Kibe repays the money loaned to him and the accrued interest subject to court rates as well as the cost of the lawsuit.

NRG

A few months ago, Kibe and her co-host Kamene were sued by their former employer NRG Radio for breach of contract, as they opted to leave the station without following due process.

The two presenters had terminated their contracts prematurely after they were poached by Radio Africa’s Kiss 100, where they currently work.

JOIN OUR PULSE COMMUNITY!

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Diana Marua releases her first rap song, unveils new stage name [Video]

Diana Marua releases her first rap song, unveils new stage name [Video]

Bahati, Prince Indah & more to attend Boomplay’s Artistes Forum in Nairobi

Bahati, Prince Indah & more to attend Boomplay’s Artistes Forum in Nairobi

Benzema survives nasty road accident [Photos]

Benzema survives nasty road accident [Photos]

Singer Dela and Dr hubby announce they are expecting their first child [Photos]

Singer Dela and Dr hubby announce they are expecting their first child [Photos]

Rev Lucy Natasha engaged to bae she's been seeing for 1 year [Photos]

Rev Lucy Natasha engaged to bae she's been seeing for 1 year [Photos]

Rick Ross posts teaser about Hamisa Mobetto's birthday after saucy Dubai trip [SCREENSHOT]

Rick Ross posts teaser about Hamisa Mobetto's birthday after saucy Dubai trip [SCREENSHOT]

Rick Ross and Hamisa Mobetto video, Vera Sidika steps out looking snatched month after giving birth & other stories on #PulseUhondoMtaani

Rick Ross and Hamisa Mobetto video, Vera Sidika steps out looking snatched month after giving birth & other stories on #PulseUhondoMtaani

Kanye West shares photo kissing Kim Kardashian after admitting he wants her back

Kanye West shares photo kissing Kim Kardashian after admitting he wants her back

'I never said donate money to me' - Davido clears air on largess received from fans during CNN interview

'I never said donate money to me' - Davido clears air on largess received from fans during CNN interview