Business

Khalif Kairo: How I Was Conned By Partners In The Imports By Kairo Venture

Via Khalif Kairo Facebook

I founded imports by kairo alone in 2017 as a facebook page, sold cars with that page for 3 good years alone until early 2020 when i met two of my “friends” and we decided to form a company with equal shareholding we also agreed to trade under the “imports by kairo” name since IBK was already a reputable brand by that point

After the incorporation, I continue built imports by kairo, i developed all its business strategies, i was the one who suggest diamond plaza as the address , i headhunted most of the staff and i was a signatory to all its bank accounts as a full director

The first year wasn’t easy and one of the directors left. We were left with one guy by the name of Clement Victor Kinuthia.

Everything was okay until more money started flowing in and we secured more investors. That is when he begun to change, he started wanting to take over more control of the company which was absurd and he started showing the staff that he was bigger than me and we were not equal patners.

The objective was to completely frustrate me, undermine me and ensure that i would resign or maybe become one of the staff.

At one point i felt that my life was in danger and from July 2022, i actively kept off the office and mostly operated from home. In August, the situation worsened to the point where this guy was effectively delaying payments to my suppliers to frustrate me.

I had become a prisoner inside my own company and at the advice of my mother & lawyer, i decided to simply resign and give up whatever i had worked for to start Kai & Karo from scratch.
The post by IBK that the company has never under been my stewardship immediately i publicly disclosed my resignation is a good indicator of how malicious this individual is.
All along, i have kept my trust in God and he is vindicated because i never expected to get the massive support i have gotten in the past 24 hours.

Theres alot that happened that can’t be summarized in one facebook post however one day i will do an interview and tell this story.

End.

There’s a thread on IBK by @WillyAbuga but it was a bit mixed up. 

Here it is…

1/11 “This guy is currently trending and for us dealing with vehicles daily, of course, we followed the guy- here is some behind-the-scenes stuff you may never know about Khalif Kairo” –

A THREAD

2/11 “Before Kairo was a common name, the guy used to work in a yard at Lavington, he later switched to Kiambu Rd – Urban Drive. Just a normal car salesman at any typical yard. However, while working at Urban Drive, he noted a niche that likes specific premium cars” – @WillyAbuga

3/11 “One day, some guys approached him, Clemo & Ibra pitched an idea to him- they would come in as investors if he decided to open his own car business under the name IBK as it had already started becoming popular” – @WillyAbuga

4/11 “There is a Porsche Panamera that is often seen around IBK all the time- yes that guy & a few others were the ones that came in as investors. The agreement was for Kairo to control IBK while they were silent in the background. Kairo was given shares to IBK” – @WillyAbuga

5/11 “IBK was small, and the salary & shares given to Kairo seemed reasonable at the time, however, what Kairo hadn’t realized was, there was a clause that stated he couldn’t renegotiate as the company grew. Kairo got to work immediately, pushing cars to customers” – @WillyAbuga

6/11 “IBK grew to a point it was selling & importing on behalf about 18 cars per month. Kairo approached the partners for a better cut as he was still getting paid the exact amount he has always been paid.” – @WillyAbuga

7/11 “The partners refused, for the markup IBK puts on cars + total cars sold, Kairo would have been making a cool 1M+ per month if he was still at Urban Drive but these other guys continued to pay him, peasants. This tussle continued for a while ….” – @WillyAbuga

8/11 “To even frustrate him further, Kairo was removed as the CEO of IBK, he couldn’t even have a say on what vehicles IBK would import. For the better part of 2022, Kairo was only doing YouTube reviews & customer service.” – @WillyAbuga

9/11 “More employees were brought to IBK and each was told to treat Kairo as just the brand name, nothing more. He was a poster boy for IBK. Having had enough, Kairo finally said they either renegotiate or he quits” – @WillyAbuga

10/11 “They flat out denied any forms of negotiation and even mocked the guy, Kairo had enough, he quit. FYI, this is more than 2 months ago The IBK name is already registered and Kairo can’t use it anymore- he sold his name rights unknowingly” – @WillyAbuga

11/11 “Now to the present, Kairo out, IBK people left bitter after Kairo registers another business. Kairo who still has a lot of trust from IBK clientele but minimal capital to ship in multiple units is now back to the drawing board” – @WillyAbuga


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