Security firm Wells Fargo offers to pay Quickmart Sh80 million in line with the valuables in transit contract it had with Quickmart.
In November 2023, two of Wells Fargo’s own, allegedly in cahoots with a police escort, orchestrated the disappearance of a staggering Sh94.9 million en route to a Nairobi bank.
The very guardians entrusted with safeguarding Quickmart’s riches were the ones who plotted their vanishing act.
The vehicle transporting the money was later found dumped in South C, at least 8 people were arrested but the two main suspects who allegedly made away with the money are still at large to date.
Only KSh. 9.1M was recovered from the amount stolen.
Now, the courtroom drama unfolds as Quickmart, feeling the sting of betrayal, brandishes its legal sword against Wells Fargo.
Accusations fly like arrows as Quickmart accuses the security firm of breaching their valuables-in-transit contract.
Wells Fargo, however, doesn’t cower in the face of adversity. Its General Manager, Peter Walters, steps forward, wielding promises of reparation.
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A tantalizing offer of Sh80 million is put forward, aligning with the terms inked in their contract.
Quickmart might not be walking away with the full bounty. A bitter pill to swallow indeed, as the contract places a cap on Wells Fargo’s indemnity, leaving Quickmart staring down the barrel of a Sh14.9 million shortfall.
But fear not, for Wells Fargo, true to its word, taps into its lifeline – an insurance policy shrouded in mystery with an undisclosed insurance agent Mr. Walters, the master of ceremonies in this legal theatre, assures Quickmart that the coffers are open, ready to disburse the promised sum.
As the saga unfolds, the elusive perpetrators of this audacious theft remain at large, adding an air of suspense to an already gripping narrative.
Yet amidst the chaos, one beacon of hope emerges: the sanctity of the contract.
Quickmart and Wells Fargo, bound by legal ties, must navigate the treacherous waters of mediation as stipulated in their agreement.
But in this game of legal brinkmanship, Quickmart refuses to wait for the slow churn of mediation wheels, opting instead to thrust the matter into the court’s spotlight.
Will justice prevail? Or will the tangled threads of deceit pull both parties into a quagmire of uncertainty?
Only time will tell in this thrilling saga of trust betrayed and justice sought.
