Connect with us

Hi, what are you looking for?

Cyprian Is Nyakundi

News

Mo Sound Bankrupt?

Mosound  Is in trouble again. The shadowy event planning, management and production company seems to be struggling as per details the cnyakundi.com has received.

Mo Sound Events has been threatened with bankruptcy for failing to pay a surprisingly small debt of only USD 3,265.4 (Kshs. 337,000).

KPMG Safaricom Audit: Who Are The Faceless Owners Of Mo-Sound?

Mosound is owned by Kevin Mulei who also owns NRG Radio station.

Two months ago, Mulei sued Andrew Kibe and Kamene Goro over the premature termination of their contracts.

Mulei is known for living a flashy and wealthy lifestyle, importing and driving top of the range expensive German cars so it was quite shocking to see court papers putting his firm on the spot over such a trifling amount of money.

A company called Kenya Energy Services Limited has been owed money by Mo Sound since January 2018 and had claimed payment through two invoices dated 25 January 2018 and 24 August 2018.

According to court documents, the company provided MoSound with leasing services. Mulei’s company was not coughing up the money despite getting demands for payment from the creditor’s lawyers.

A statutory demand from the High Court ordered Mulei’s company to pay the debt or else the creditor would file a bankruptcy order against it.


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.


Comments

comments

Click to comment

Facebook

You May Also Like

News

*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...

News

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

News

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

News

CAPTION: Reformed street-urchins like this lot are dominating the airwaves and being allowed to spread the disease of anti-intellectualism.  As you may have all...

Copyright © 2020 Cyprian Is Nyakundi.