Shock as it emerges RUTO used fake WESTON HOTEL title to defraud 2 banks of sh1.3 billion-He should be arrested ASAP

Friday October 19, 2018-Deputy President William Ruto's troubles over the illegal Weston Hotel continue at it emerges that he defrauded 2 Kenyan banks of billions of shillings using the fake title deed of the Weston Hotel.

According to a new report, the Deputy President is said to have borrowed close a whopping Sh1.3 billion from two banks in a period of five years.

In 2011, Ruto took a first loan from Equity Bank before going to KCB Bank where he took a total loan Sh1.25 billion in two years.

Reports further indicate that the DP used the second loan to settle the debt accrued by the first loan.

It now remains to be seen if the Director of Public Prosecutions, Noordin Haji, will arrest Ruto for defrauding 2 banks through a title deed he acquired fraudulently, like he arrested Deputy Chief Justice, Philomena Mwilu, for illegally acquiring a loan from the collapsed Chase Bank.

Already, there is a court battle between Kenya Aviation Authority (KAA), who claims to be the rightful owner of the land that Ruto build his Weston Hotel and the DP, even as the National Land Commission has already given its verdict that Ruto grabbed the land.

The Kenyan DAILY POST

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