Hell hath no fury like a woman scorned, said William Congreve, an English playwright and poet.
Any entrepreneur will tell you that doing business in Nairobi is not easy. You need a very thick skin. By now I am sure you have seen the Twitter posts by Esther Passaris making the damning allegations against one James Mwangi.
Kenyapoa press decided to reach out to the 52-year-old Passaris and get the full juicy story. First, she has admitted that she has authored the tweets below. Secondly, she is not crazy as others are saying. She is frustrated, very frustrated!
In what sounds like a script of a business deal gone bad, she has sensationally claimed that the Equity Bank chief executive officer (CEO) James Mwangi demanded sex from her to approve tenders for her Adopt-A-Light company.
For the last 10 years, Passaris has been fighting with Equity bank after a court arbitration process awarded her company KSh 35.8 million for a contract breach by Equity Bank two years after signing a three-year contract. The arbitration was handled by lawyers Ahmednasir Abdullahi and Njoroge Regeru.
I am talking about The James Mwangi. The celebrated CEO, and 2012 Forbes person of the year. Yes, that James Mwangi who holds five honorary doctorate degrees in recognition of his contributions to the Kenyan society, Ernst & Young World Entrepreneur of the Year 2012 and current Chairman of Kenya’s Vision 2030 Delivery Board. His CV is littered with many achievements.
Passaris has told kenyapoa press in a telephone interview that Mwangi sabotaged the agreement they had entered into that involved Adopt-A-Light branding Thika superhighway with Equity Bank logos and banners as a market speak strategy.
In its website, Adopt-A-Light says its mission is to steer advertising revenues into community development. The company was inspired by the need to achieve safer cities through the provision of adequate street lighting. The project was initiated through relations with South African Organizations that have been working successfully in partnership with the Local Councils in nearly all the major cities in South Africa for over six years.
Passaris started the company 2002 inspired by the need to achieve safer cities through the provision of adequate street lighting.
By the time we published this article online, Mwangi had not responded to our text messages on the authenticity of Passaris allegations.
Passaris says Mwangi loaned her KSh 70 million through his strong influence at Equity Bank for the project. She was then to be paid an additional KSh20 million after the project.
But the agreement, Passaris says, was never honoured even after she delivered. She says it is because she turned down Mwangi’s sexual advances.
Passaris continues to tell Kenyapoa that during a Strathmore Business School training that was held at Mount Kenya Safari Club, Mwangi kept pestering her for sex and a massage. She says he even tried to get into her room but Passaris warned him to keep off.
” I (Mwangi) only came on this course when I saw you (Passaris) were among the participants otherwise, my managers were coming,” Passaris told the press without fear of contradiction.