Equity Bank CEO Dr. James Mwangi is ready to give ODM leader Raila Odinga Sh10 billion for his 2022 campaigns, but with conditions.
According to reports, the businessman is ready to finance Raila’s campaigns with a guarantee that he will be become his running mate in the 2022 presidential race.
The reports comes after news broke that tycoons from Mt. Kenya have come up with a list of individuals they would wish to be Raila’s running mate in the upcoming elections.
The Equity CEO was among those individual given to Raila. He is said to have been included in the list because of his ability to raise campaign financing.
“Naming him as running mate alone will guarantee at least Sh10 billion from Mwangi and his network of friends,” a pro-Raila MP said told The Star.
Sources say that Dr. Mwangi is also getting ready to jump into the political arena with his Chief Commercial Officer at Equity, Polycarp Igathe helping him with groundwork. Igathe is also said to be preparing to take over as Equity’s CEO incase Raila picks Dr. Mwangi as his running mate.
If Raila does chose Mwangi, he still has other nine individuals that he can chose from if he wants to get the support of Mt Kenya and their financial support.
Some of those individuals given to Raila include Former Gatanga MP Peter Kenneth, Health Cabinet Secretary Mutahi Kagwe, his Agriculture counterpart Peter Munya, Nakuru Governor Lee Kinyanjui and Royal Media Services owner SK Macharia.