- Eddie and Paul Ndichu, brothers accused of assaulting two women at Ole Sereni Hotel have disputed the claims.
- The two, who are also founders of a Fin-tech company called Wapi Pay may lose millions after one of their investors withdrew funding following the incident.
The Ndichu twins have responded to assault claims following a video that captured them in an altercation with two females at Emara Ole Sereni Hotel.
Eddie and Paul Ndichu on Tuesday morning distanced themselves from the accusations highlighted by activist Boniface Mwangi.
The Wapi Pay pioneers claimed the footage did not accurately represent how the events unfolded that night.
“Our understanding is that the allegations and video currently being shared on social media, albeit horrific and regrettable, do not depict the true events that transpired that night,” Wapi Pay said in a statement.
The Ndichu brothers claim that on the said night, they were trying to defend themselves from certain aggressors.
“To be clear, Paul and Eddie Ndichu got involved in an attempt to neutralize a confrontation between two women and to defend themselves from certain aggressors,” the statement explains.
Wapi Pay says the matter has since been reported to the police, urging Kenyans to refrain from spreading ‘misinformation’.
Ndichu brothers to lose millions after incident
“The matter has been reported to the police and DCI for further investigation and resolution. Pending this, we request restraint be exercised in potentially and unfairly spreading misinformation that has no factual basis,” the statement adds.
On Monday, Chinese investors under Kepple Africa Ventures, withdrew their funding from the firm. Kepple Africa is said to have helped the company raise KSh244 million to upscale their operations.
“In light of the alleged assault on women by the founders of our portfolio company Wapi Pay, we Kepple Africa Ventures hereby announce that we have zero tolerance on such conduct and announce that we will relinquish all the rights of our investment stake in Wapi Pay,” Satoshi Shinada said on Twitter.
Wapi Pay is a Fintech company based in Singapore although its headquarters are in Kenya. It works with local banks across Africa and Asia, enabling faster cash transactions across the continents.
Weighing in on the matter, Inspector General Hilary Mutyambai advised the said victims to file a report with the police.