Kuna hii story ya lawyer anaitwa Mathew Kyallo Mbobu mwenye aliomba Ksh11 million. Akalipa Ksh22 million. They demanded Ksh69 million.

Biz mob ziliumia January 2021 during COVID-19. Mbobu alidai capital, akaenda kwa Hypac Investments Limited.

The terms? → 15% interest per month → 5% weekly penalty for late payments → His family home as collateral

Hio ukipiga hesabu inakua over 400% annual interest when compounded.

Akilipa Ksh22 million total. Double the original loan.

But the lender said: "Not enough. You owe us Ksh69 million." Wakachukua home yake. Mbobu akawapeleka korti.

Alafu apo September 2025, kesi ikiendelea...He was shot dead by unknown gunmen along Magadi Road.

And last week, Justice Moses Ado delivered the judgment.

Hivi ndio korti ikasema;

✅ The loan terms were unconscionable and illegal. "No reasonable borrower could sustain such oppressive terms."

✅ The in duplum rule applies. Once interest paid equals the principal, it STOPS. The debt was fully satisfied at Ksh22 million.

✅ The property must be returned. Hypac and Family Bank (who held a secret charge) have 30 days to discharge the title and return it to Mbobu's estate.

✅ Any further claim is unenforceable. Not one more shilling is recoverable.

Sasa hii inamaanisha:

Kama umekopa pesa:

→ kusign contract haimaanishi you've waived all your rights.

→ korti itaingilia kati kama terms ni predatory.

→ Jua hii siku zote: kama interest umelipa = principal, you're legally protected.

→ Document EVERYTHING. Keep receipts, statements, reconciliations.

Na kama unakopeshana:

→ Unconscionable terms will NOT be enforced.

→ Exploiting someone's distress will cost you the entire debt.

→ You cannot secretly deal with collateral—it's a breach of trust and law.

→ Fair lending isn't optional. It's the law.

Unfortunately tulimpoteza Mathew Kyalo Mbobu 😣💔 Mungu ailaze Roho yake pema peponi.

This ruling will protect thousands. (Story from Kirimi Kirema Facebook)