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How Raila saved Equity Bank during the NASA boycott campaign

New details emerge

How Raila saved Equity Bank during the NASA boycott campaign - Miguna Miguna reveals in new book

ODM Leader Raila Odinga saved Equity Bank from being included in the list of brands NASA supporters were supposed to boycott in the aftermath of the controversial 2017 presidential election.

In a new memoir, Treason, authored by lawyer Miguna Miguna, Odinga was concerned that boycotting the second-largest bank would hurt his followers.

Miguna reveals that it was him who made the presentation where he laid the way forward for NASA following the October 26 election which was boycotted by Odinga and his coalition.

The first proposal was one to swear in Odinga as the People’s President which eventually materialized on January 30th.


Burning Portraits

The second proposal was for the Opposition to launch a ground-mobilization wing, NRM Kenya, that would organize daily protests in Nairobi and other major cities for twelve continuous months.

The aim was to paralyze business and push the Jubilee government to surrender. The protests would also involve Odinga’s supporters burning President Uhuru Kenyatta’s portraits and replacing them with those of the ODM Leader.


The last part was to boycott several companies that were believed to be supportive of the Jubilee government. They included the Commercial Bank of Africa (CBA) owned by the Kenyatta family, Haco Tiger owned by Chris Kirubi, and Equity Bank.

Ultimately, both CBA and Equity Bank were spared from the list with Bidco, Safaricom, and Brookside Dairy being included in the list.

Here is the excerpt

[As the carnivore of peaceful protests are proceeding, we must unveil fresh lists of companies, products, services, and prominent names of agents of tyranny and plunder to be boycotted every month with detailed explanations why. We must focus on consumer products used by millions of Kenyans for effectiveness. We recommend that Haco Tiger Group of Companies owned by Chris Kirubi; Uhuru Kenyatta’s Commercial Bank of Africa (CBA), Equity Bank and other companies should be added to the list.”

Raila jumped in as soon as I said Equity Nank. “Noooo, Miguna. We cannot boycott Equity. That will hurt our people,” he loudly protested.


“I agree with Miguna,” Wanjigi jumped in.

Me, too,” Raila Jr said, becoming louder as each minute passed.

“Me, too,” Winnie said.

“We must break their backs – and Equity is their economic back,” Wanjigi added. ]


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