Akuisi Farmers Company Directors on spot over alleged misappropriation of funds

1200 members of Akuisi Farmers Company limited in Solai Subukia on Tuesday held a peaceful demonstration over alleged misappropriation of company funds.

The members while waving twigs and placards marched from Kiremba village to the local assistant county commissioner’s office where they demanded that the company directors be held to account.

They took issue with the move by the current directors to open a new bank account without the knowledge of members adding that efforts to have them furnished with statements of account have been futile.

A meeting called by the area MCA Dr. Peter Mbae to resolve the stand off failed top take place after the company directors skipped and switched off their phones.

The company members have now called on Nakuru county commissioner Joshua Nkanatha to convene an urgent meeting of all the directors and members in order to resolve the standoff.

“We are calling on Nakuru county commissioner Joshua Nkanatha to convene an urgent meeting of all the directors and members in order to resolve the standoff” they said.

On his part Dr. Mbae said that it was unfortunate that the current directors have resulted to collecting funds from members only for them to fail to account for the same.

He said that on Thursday they will be convening a meeting at the county commissioner’s office to chat the way forward.

“We want this matter to be addressed once and for all. Let the law face up with those who have messed up these members” said Dr.Mbae.

But in a telephone interview, company chairman Joseph Githaiga Ndirangu defended his office saying that his decision to open a new bank account was driven by the fact that the former directors had not handed over their books off accounts and thus mixing of members contributions could spark a controversy when it comes to accounting.

“We opened a new bank account since the former directors had not handed over their books off accounts and thus mixing of members contributions could spark a controversy when it comes to accounting” said Githaiga.

Akuisi Farmers Company has had long leadership standing wrangles that have delayed issuing of title deeds.

It is one of the companies whose members are set to benefit from the ongoing accelerated titling programme in Nakuru county which was initiated following a presidential directive.

PHOTO/Pristone Mambili:Members of Akuisi Farmers Company limited being addressed by Kabazi MCA Dr.Peter Mbae.

Rate this post
[Total: 0 Average: 0]
%d bloggers like this: