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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.

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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.

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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.

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Email: news@pulselive.co.ke

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