Troubled city car dealer Khalif Kairo has revealed that his account worth millions of shillings has been closed as his struggles continue to compound. In a statement issued on Wednesday morning, Kairo announced that his WeFunder campaign account, which held over Ksh12.9 million (USD100,000), was closed the previous night.
Kairo attributed the closure to a series of ongoing legal challenges he is currently facing, with the most recent being a case at the High Court of Kenya, Milimani Division, in Nairobi. ''I am currently in Milimani Law Courts and will be presented for plea-taking shortly.
Due to these legal issues, our WeFunder campaign account was shut down last night after crossing the USD 100,000 (Ksh12.9 million) mark,'' Kairo shared. City vehicle trader Khalif Kairo during a past motor event.
Khalif Kairo The WeFunder campaign account was opened by the car dealer on Monday this week and was approximately 24 hours old at the time of closure. However, our independent investigations could not independently verify the claims of his closure because of the privacy laws on financial account details. Kairo, who has faced numerous court battles over failed business deals related to car sales, spent much of the final days of last year and the early part of this year defending himself in court.