Connect with us

Hi, what are you looking for?

Cyprian Is Nyakundi


Housing Finance Post Half Year Net Loss Of 97 Million

The fraudulent HF Group still continues to post losses despite auctioning houses for Non-Performing Loans.

Their stated 97 million loss is still grossly understating their true loss position as loan loss provisioning figures are being cooked.

Group CEO Robert Kibaara has hatched a new fraud scheme to take advantage of their auctioning drive. The valuers of these homes are overvaluing the property to buyers and they split the difference with Kibaara and his goons.

You would think Kibaara would have learnt from Ireri’s downfall due to his malfeasance yet the corruption continues.

HF Group CEO Robert Kibaara running auction fraud schemes

There was a massive sacking of almost the entire Executive Committee (EXCO) decision making body for corruption and poor job performance. The following were the casualties.

Frank Ireri – Group MD

Samuel Mwaniki Waweru – HFC Bank M.D.

Caroline Armstrong – Director of Special Projects

Patrick Mokaya – Director of Business Development

Peter Ng’ang’a – Director Treasury

James Karanja – Executive Director HFDI

Ben Lanya – GM Human Resource

Francis Theuri – GM Branch Business

Constantine Baraza- Director Finance HFC

Despite this purge, some well connected filth like Chief Operating Officer George Njuguna have managed to hang on and even amass even more power.

George has powerful connections to the Kenyatta family and the thief Chris Kirubi thus deems himself an untouchable.

This enables him to operate with impunity and have a lazybones persona as he comes late to the office, disappears from his desk for hours on end as his subordinates toil all day.

A sadistic hypocrite who pretends to be supportive of people yet backstabs and gossips about others behind their backs.

One wonders how this 35 year old fat,spoilt rich kid took up a senior role while so young and was Head of ICT at Commercial Bank of Africa (a Kenyatta tier one bank) in his early thirties before joining HF Group;of course not by merit but dubious connections.

Fat, spoilt rich kid Chief Operating Officer George Njuguna

The former GM of Human Resources the pervert Ben Lanya, came to learn the lesson of ‘what goes round comes around’ and ‘people who live in glass houses should not throw stones’.

Lanya alongside his former subordinate the drunkard HR Manager Raymond Mwangi, were notorious for digging up dirt on employees and arranging kangaroo court disciplinary action committees where the decision of sacking was a foregone conclusion even before the committees had been convened.

He operated with blatant impunity forgetting that his womanizing perversions could prove to be his Achiles heel and would be used against him.

He was eventually exposed with explicit sex tapes and sacked as he was found guilty of seeking sexual favours from female staff so that he can give them promotions, remove them from the punitive performance improvement plans, approve for them staff loans or transfer them to better roles or branches. Divine justice for an arrogant pervert.

Perverted womanizer sacked former GM of HR Ben Lanya

Ben Lanya’s junior HR Manager Raymond Mwangi is an evil personality by nature. A drunk and a chain smoker, his eyes are reddened with intoxication. He once came to the office with wounds from a bar fight and is known for being rude, cruel, malicious and derives sadistic pleasure from humiliating employees.

Sadistic drunkard and chain smoker HR Manager Raymond Mwangi

Would you like to get published on this Popular Blog? You can now email Cyprian Nyakundi any breaking news, Exposes, story ideas, human interest articles or interesting videos on: [email protected] Videos and pictures can be sent to +254 710 280 973 on WhatsApp, Signal and Telegram.



Click to comment


You May Also Like


*Editor’s Note: This open letter to Safaricom has been published as received. No redactions have taken place to avoid legal issues pending a court...


  These pictures you are about to view calls to heart the need to be extremely careful about what you do in the  secret...


This is an intervention for Victoria Rubadiri so as to help her revert back to factory settings. We notice your slow drift away into...


Caption : Edwin Kigen Who was Murdered in Madaraka Estate. We demand for answers from Boinnet ! Another young man may have been brutally assaulted and...

Copyright © 2020 Cyprian Is Nyakundi.