Twenty lucky cousins will share the vast wealth of their uncle who died a bachelor and without an heir to his estate.
A family court in Nakuru has directed that the estate of Kariu Nyange, a wealthy businessman in Njoro, be distributed equally among his 20 nephews and nieces.
Nyange, a timber manufacturer who died on February 22, 2003, without a will, owned a number of properties and businesses in Nakuru, among them a multi-million-shilling sawmill in Njoro.
Nyange also owned hundreds of acres in Njoro town, Rare, Lanet and Mau as well as prime plots in Nakuru city, Gilgil and Njoro towns.
He also owned shares at NIC Bank, Standard Chartered Bank, East African Breweries Ltd as well as the Kituo Service Station Company.
He owned some commercial buildings including the Njoro House in Nakuru city.
The court, however, wants the administrators to organise the list of the property in a manner that it can decipher.
The court gave the administrators 30 days to identify the 20 beneficiaries and draw up a clear list of assets left by the tycoon. Some of the properties owned by the late Nakuru tycoon Kariu:
[li]Jirani farm in Njoro – two acres[/li][li]Jirani Njoro 62 acres[/li][li]Plots in Gilgil township[/li][li]Plots in Njoro[/li][li]Exotic commercial trees – Sh2 million[/li][li]Ford tractor Sh150,000[/li][li]Ford tractor Sh900,000[/li][li]Fiat tractor - Sh700,900[/li][li]Peugeot 505 - Sh400,000[/li][li]Harrow disc – Sh200,000[/li][li]Scrap metals[/li][li]Store breakdown - Sh800,000[/li][li]Cash - Sh1.9 million[/li][li]Shares at Stanbic Bank - Sh3600[/li][li]Shares Kituo services Sh445[/li][li]Sawmill band Sh1.5 million[/li][li]Njoro house goodwill – Sh1.5 million[/li][/ul] Properties whose value is yet to be established:
[li]Sawmill engines[/li][li]Tractors[/li][li]Ploughs[/li][li]John Deere seed planter[/li][li]Isuzu Forward[/li][li]540 acres in Mau Narok[/li][li]Developed plot within Nakuru town - 0.03 ha[/li][li]Running saw mill within Njoro town[/li][li]Five developed plots in Rare Kihingo, Njoro[/li][li]2,378 shares at NIC bank[/li][li]852,700 shares at the East African Breweries Limited[/li][li]Cash in banks[/li][/ul]
Fagget Mijinga kïpiiiiii mumama zaidiiiii umekaaa hivi fuaaaaaa ukihara ukinyamba ukidunga ukinusa uvundo ukakuambia wewe na muhahe yooooooooote ya watu wenyu wewe ndiwe wa kwanza na hii stale news? Brare taktaka ghaseer imbilisi nyeusi cunt
Why would he work so hard to acquire all that yet he doesn’t have an offspring to inherit? Ghaseeer ya mtu @Muthafari@Karoga@Kodiaga and homosexuals @Jimit@Weyn and swine @Nipe Nikusifu get a wife you filthy dogs
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