Watu Credit to be Investigated By Kenyan Senate Over Rampant Boda Boda Theft
A Senate committee has raised questions about the activities of Watu Credit Limited and wants it investigated over complaints of exploitation and suspicious loss of motorbikes that it sold to boda boda operators.
The Senate Trade and Industrialisation Committee has demanded that Inspector General Japhet Koome appear before it to shed light on why the motorbikes disappear without any trace.
Concerns by the legislators follow numerous complaints from the firm’s customers who petitioned the Senate over rampant theft of motorcycles purchased from the credit company.
Nandi Senator Samson Cherargei had petitioned the House over what he termed as widespread complaints by boda boda and tuk-tuk operators against Watu Credit.
Cherargei said there is no way motorbikes from the firm would suddenly...