Court Gags Rugby Agent From Publishing Defamatory Reports Against Former Embakasi MP Mwenje’s Daughter In Law

Court Gags Rugby Agent From Publishing Defamatory Reports Against Former Embakasi MP Mwenje’s Daughter In Law

The High Court has issued a gag order in an urgent attempt to save a Ksh. 50 Billion ($500M) Investment that has been sensationally misreported and leaked by rogue operatives.

A news blog recently published a seemingly defamatory, misguided and deceitful article alleging that businesswoman Laura Akunga wife to Mark Mwwenje son of former Embakasi Member of Parliament (MP) the late David Mwenje tis in debt of Ksh. 900,000.

The junior Mwenje is seeking to fit in the shoes in the feet of his father by eyein the Embakasi West parliamentary seat in the forthcoming general elections where Laura feels that the defamatory reports are meant to be used in destabilising her husbands campaigns.

A strongly worded cautionary statement has been sent to Ng’arua Kamuya of 270 Degrees Sports Marketing & Consultancy Limited (pictured), the agent appointed by Kenya Rugby Union to source for an equity investment of Kes. 2 Billion, who in an interesting twist of events was trying to cover up his requests for bribes and extortion to disrupt the success of a much larger international transaction.

The transaction advisor of this investment is Benchmark Solutions Limited, owned by a reknowned youthful Kenyan businesswoman Laura Akunga with the backing from a consortium of investors made of International Policy banks, Commercial banks and Non-Bank Financial Institutions.

The rogue agent was fully aware that the Kenya Rugby Union’s Kes. 2.127 billion investment was part of a Kes. 50 Billion Master Investment under Investment Memorandum Number 037/EOI/BIL/05/2021 aimed for 19 Impactful Projects across several African Countries.

Benchmark is a member of the Prestigious International Loan Markets, other members include China Development Bank, African Development Bank, European Investment Bank, HSBC Bank, etc. Benchmark is known to have successfully financed several large transactions involving Governments budgetary support, Real Estate, Infrastructure, Renewable Energy, Banks Financing, Manufacturing, etc running into Billions of United States Dollars.

The consortium of investors have warned that Kenya Rugby Union fundraising effort was being jeopardized by its appointed Agent, Ng’arua Kamuya, who has resorted to slanders and blackmails for personal and financial gains.

As the Kenya Rugby Union Agent, Ng’arua Kamuya received private, confidential and classified financial & non-financial information pertaining the Consortium of Investors, who has since illegally distributed confidential transaction information in a distasteful and shocking manner to competitors of Laura’s husband, Mark Mwenje an advocate of the High Court who is vyeing for the Embakasi West parliamentary seat in the forthcoming 2022 Kenyan General Elections.

The cautionary statement sighted that the agent’s actions are tantamount to a serious breach, needless to say, gravely jeopardizing and inhibiting the success of the transaction.

The investors reiterated that Benchmark Solutions Limited, under the leadership of The London Educated Laura Akunga maintains its full rights as the Transaction Advisor to terminate or re-allocate the Kenya Rugby Union Investment and further warned that they may be compelled to institute civil and criminal proceedings against the Agent Ng’arua Kamuya and its operatives should it fail to heed to the notice.

Benchmark Solutions Limited and Laura Akunga have since moved to court to seek a gag order which has been granted.

KRU is seeking to raise money through issuance of new shares to investors. The money raised will be used to support the Safari Sevens, National 15s team test matches, National Sevens Circuit, Kenya Cup, Rugby Super Series, Barthes Cup and Merchandising. in addition to meeting the expenses of The National Teams, Kenya Shujaa, Kenya Simbas, Kenya Chipu and Kenya Lionesses.

It is not clear how Kenya Rugby Union appointed the rogue agent who has embarrassed the already struggling Kenya Rugby Union that is in dire need of this investment.