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Khalif Kairo, the well-known car dealer and owner of Kai and Kairo, has broken his silence after being released on a KSh 3 million personal bond. He remains optimistic about the future of his business despite recent fraud allegations.
Khalif Kairo Released on Bond
On January 31, 2025, the Milimani Chief Magistrate, Lucas Onyina, granted Khalif Kairo a personal bond of KSh 3 million. The entrepreneur had pleaded not guilty to fraud charges, insisting that his business operations are legitimate.
Following his release, Kairo emphasized that the bail conditions allow him to continue engaging with potential investors and clients who can help revive his business.
Kairo Assures Customers of a Comeback
In an exclusive interview with TUKO.co.ke on February 17, Kairo walked into the newsroom with a confident smile, ready to address concerns surrounding his business. He admitted that his company is still facing challenges but assured customers that Kai and Kairo will recover.
“I am a bit more relaxed now, trying to restructure the company. We are not yet out of the woods, but we are working to absorb the impact,” Kairo explained.
He acknowledged that due to legal battles, the company had to shut down its Kiambu dealership yard. However, he reassured customers that they would be back in operation within a few months.
Seeking Investors for Revival
Kairo revealed that he is actively engaging with investors to secure the necessary funds to restore the business.
“We shut down one of our shops in Kiambu, and now we are only operating from our Westlands office. I am in discussions with investors, and I have a private list of contacts. I am not a scammer. I am 100% certain that we will bounce back,” he affirmed.
Despite the setbacks, Kairo remains confident that his company will recover and continue serving customers in the Kenyan car market.
