Business tycoon Madatali Chatur has come out to defend his vast multi-billion investment empire from malicious and propaganda orchestrated by his nemesis.
The tycoon through his lawyer Evans Ondieki, told news conference, that there has been campaign meant to tarnish his reputation which will not deter him from expanding his investment across the country.
Mr. Ondieki said his client has over 32 companies stationed in various counties, that are managed by his family and has offered employment opportunities to all tribes and even foreigners without discrimination.
In the recent past, some people have been peddling lies through the social media with allegations that he has offered to sell his properties without disclosure the intention.
The lawyer said there is no prejudice to be suffered by people who not even shareholders of the companies owned by my client if he chose to sale his property which he has invested through either loan advancement from banks or money acquired from his real estate.
The malicious and scandals stories will down the huge investment so far made and will affect those who have benefited through employment.
Mr. Ondieki said his client owes the loyalties to the government which he pays taxes through Kenya Revenue Authority.
He said his client has never engaged in illegal business and has always complied with the statutory requirement of the law.
” Chatur respect the freedom of speech as set out in the constitution but the same should not be abused to the detriment of other people,” the lawyer said.
The propaganda if not controlled will create animosity amongst his clients, suppliers, and tenants because of same individuals who are telling lies to the public.
Mr. Ondieki said that his client has established an enterprise in which so many people have benefited, saying that Chartur group of companies has been in existence for many years the gruesome attack is bad since the family is only engaged in lawful business.
” There is nothing wrong to dispose off a property and invest in other opportunities that will bring more income,” he said.
The lawyer clarified that his client only gave a property in Limuru to night frank to manage being part of expansion and also bringing in good financial management.
Mr. Ondieki said that last month the directors in one his company registered as Gemini Property moved to court after they were note-filed by Director Planning Compliance and Enforcement Nairobi County to provide approved plans of structures on LR No 209/9295 located in Muthaiga area.
The company in the application seek confirmation from the director Planning and the County Government of its compliance to the notice dated 9 August 2018.
All this is done to ensure compliance of the law requirement which demonstrate commitment to rule of law.
