NEWS: Citizen TV’s S.K MACHARIA sues President UHURU KENYATTA and GITHU MUIGAI

Friday June 14, 2013 - The High Court on Thursday rejected an application by Attorney General, Prof Githu Muigai, to remove himself from a case filed by Royal Media Services owner, SK Macharia, accusing President Uhuru Kenyatta and former Kenya Power MD Samuel Gichuru of ordering the closure of his credit card business in year 2000.
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Macharia, who is former Prime Minister Raila Odinga’s closest ally, is suing Uhuru, Gichuru and the Government advisor, Githu Muigai, for ordering the shutdown of his business where he lost more than Sh 690 million.

Macharia went to court in 2000, after the Government allegedly through its agent President Uhuru, who by then was Thika District KANU branch chairman, and Gichuru who was a powerful parastatal head in retired President Moi’s administration, ordered the closure of the business.

In his testimony to the court, Macharia, who is also the owner of Citizen TV and a chain of FM stations, said he opened the credit card facility in 1998 and obtained overdraft facilities from the bank. His business allowed customers to buy goods through credit cards.

The cards were accepted by businessmen, who later claimed payments from his company, Royal Credit. The company would then bill the card holders who paid through the bank.

Macharia said he lost more than Sh 690 million after the closure of his business and he wants the Government and Standard Bank to pay him the amount which he lost.