MP Salasya to Court: My Finances are Tight Allow Me Pay Sh500,000 Debt in Instalments
Mumias East MP Peter Salasya wants to be allowed to pay the Sh500,000 plus interest and costs of the suit he borrowed from a Kakamega businessman in installments.
Salasya has filed an application in court seeking to temporarily stay execution of the judgment pending the hearing and determination of the application and an order allowing him to repay the money in installments of Sh50,000 monthly.
He said in his supporting affidavit filed in court on March 28 under certificate of agency that he was unable to pay the amount at once.
โIn my current financial position, I am unable to satisfy the whole decree at once due to my long-standing financial obligations that have committed my finances,โ the MP said.
โI have tried engaging the respondent herein to settle this decree in installments but whereas the respondent through his advocates has on one side appeared ready to negotiate, they have at the same time proceeded to seek warrants and police assistance,โ he said.
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The Small Claims Court in Kakamega entered a judgment by G. Kiama on November 27, 2023, in favor of the businessman who had lent the lawmaker Sh500,000. He was also directed to pay interest at the courtโs rate and the costs of the suit.
The judgment arose from a suit filed by the businessman.
The MP said that he stands to suffer substantial loss and great inconvenience and embarrassment if the execution of the judgment is not stayed.
The lawmaker moved to court after the businessman obtained a decree to attach the MP for the payment of the money on January 18.
The businessman, through Wafula Wawire & Company Advocates, obtained a warrant of attachment on February 7.
The matter came up before the court on Tuesday which fixed inter parte hearing on Thursday.
MP Salasya to Court: My Finances are Tight Allow Me Pay Sh500,000 Debt in Instalments