Matungulu MP Stephen Mutinda Mule ( With Microphone) at Tala High School grounds where he launched the distribution of KSh 5 million worth of books and modern revision materials to public schools across Matungulu on September 25, 2026. Photo Courtesy
By Andrew Mbuva
Matungulu MP Stephen Mule has called on Kenyans to remain patient as he declared that the Opposition is positioning Wiper leader Kalonzo Musyoka to run for President in the 2027 General Election, with Nairobi Senator Edwin Sifuna as his proposed running mate.
Mule made the remarks while addressing teachers from Matungulu Constituency who had gathered at Tala High School in Matungulu ahead of celebrations to mark International Teachers’ Day.
The legislator also called on the Teachers Service Commission (TSC) to immediately absorb all intern teachers into permanent employment, arguing that they have gained the experience required to serve in the education sector.
Mule further urged the Ministry of Education to implement a clear administrative structure in which primary schools, junior secondary schools (JSS) and senior schools operate independently, each with its own head and administration.
The MP also raised concerns over alleged fraudulent pyramid and investment schemes, citing the case involving Quant Vest Stock Exchange (QVSE).
Mule claimed that more than 12,000 Kenyans, many of them teachers, had invested about KSh65,000 each in QVSE before allegedly losing their money. He estimated the total amount involved at more than KSh700 million.
He questioned the circumstances under which two suspects linked to the scheme were released on a KSh200,000 bond, arguing that the alleged financial losses affecting thousands of Kenyans warranted a more comprehensive investigation.
Mule said he had instructed his lawyers to pursue his participation in the case through Parliament, while calling for investigations into other alleged investment schemes.
He cited entities he identified as Bitnex, Apollo and Paydent, warning Kenyans to exercise caution before investing their money in schemes promising quick or high returns.
The MP urged the Government to intensify efforts to identify and shut down illegal pyramid schemes and arrest those accused of recruiting Kenyans into such schemes.
He further called for investigations to establish the whereabouts of funds allegedly lost by investors and urged authorities to pursue mechanisms through which affected Kenyans could recover their money.
Mule said the QVSE case should not be treated as involving only the two suspects already arrested, arguing that the alleged scale of the scheme required investigations targeting all individuals involved in recruiting investors and handling the funds.