Eddie Ndichu Loses 250.8M Deal After Viral Assault Video

Eddie Ndichu, Janet Mbugua's husband, and his twin brother, Paul Ndichu, have lost a multi-million-dollar investment in Wapi Pay investment company after one of its investors walked out.

Eddie Ndichu Loses 250.8M Deal After Viral Assault Video

This comes at the time Takahiro Kanzaki, one of Kepple Africa Ventures' General Partners, announced on Twitter on Tuesday, October 19, that his organization did not accept gender-based violence.

Kanzaki responded to a video circulating on social media showing the twin brothers apparently fighting with unidentified strangers.

"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," he posted on Twitter.

On Tuesday 19th Eddie distanced himself over the altercation video.

He added that they did not assault any ladies and that they were only de-escalating the situation when two women they met at the Ole Sereni hotel got into a physical altercation.

On the other hand, the Ndichu brothers stated that they were defending themselves against the group's attacks and had reported the incident to the Directorate of Criminal Investigations (DCI).

"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," the statement read in part.

"To be clear, Paul and Eddie got involved in an attempt to neutralize a confrontation between two women and to defend themselves from certain aggressors. 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."