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Debt Relief – Insolvency – Bankruptcy Information » Insolvency » Lake Flowers incurred a KShs 165m loss

Lake Flowers incurred a KShs 165m loss


www.ntv.co.ke The Lake Flowers Company Ltd director Mohamed Abdullah has finally spoken over the vandalism of his farm in Naivasha two weeks after it happened. Investment worth over 165 million shillings went down the drain, after an imperious looting by the Naivasha locals, he says. As the firm plunged into insolvency, it is emerging that six people lost their lives in accidental incidences during the looting spree.

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11 Responses to "Lake Flowers incurred a KShs 165m loss"

  1. suzikool says:
    This is really sad and an embarrassment, how can the police just watch as people vandalize property. I pray for a better Kenya
  2. 4973147 says:
    This is typical of the short-sighted baboons who live and run in that country. When will you realise that you are only ruining your own county
  3. zulizali says:
    NAME ONE AFRICAN COUNTRY THAT HAS INTERNATIONAL RESPECT? NO MATTER HOW MUCH INVESTMENT IS BROUGHT IN, THE AFRICANS ALWAYS COMPLAIN OF EXPLOITATION BY FOREIGNERS, THOUGH THEY HAVE DONE NOTHING TO ENRICH THEMSELVES, OR THEIR PEOPLES. FEW WHO HAVE, DONE SO BY EXPLOITATION, CORRUPTION, MINUS, AND IOTA OF HONESTY. IN AFRICA, THE INDIANS DO THE WORK, WHITES TAKE THE CREDIT, AND AFRICANS STEAL FROM BOTH. ANYWAY, NO FOREIGNER IS SECURE WALKING THE STREETS OF ANY TOWN IN KENYA.
  4. halani says:
    The glass may be seen as half full – at least the mwolio bloggers here are not apologising for their fello mandoadoas. deafening silence from olmaa and jasusi !!
  5. daniells71 says:
    Unfortunately the new constitution did not come with a new way of thinking. Whatever the guys managed to steal will not last them for a long time, but the side effects will. Bado tuko nyuma tuu sana!
  6. Rizodreamz says:
    such kind of thuggery will indeed stop investers coming into kenya. its really sad when will this curroption end?
  7. surambaya says:
    Property rights are such a mucky issue in the country and it doesn’t help to have a “haki yetu!” populace that reckons they can get away with bloody murder as long as they are in hordes. I love my country but scenes like these don’t give me a warm fuzzy feeling inside. At this rate, the hottest new item in the house will not be that LG flatscreen but rather an AR15 and a couple hundred rounds of ammunition.
  8. JohnGitau says:
    Hizo mbao na mabati mliiba, maua mkaharibu..endeni mlipe nazo loans na school fees…beats me..how do you vandalise the place where you earn a living…where will you get your daily bread tomorrow?
  9. MRMUTOONI says:
    Very good lesson here: Investing in Kenya is a risk that may not be worthy to take.
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