The family of the late James Kanyotu, Kenya’s longest-serving intelligence chief, has secured a major legal victory in a protracted $77 million land dispute after a Nairobi court ruled the contested 500-acre property in Ruiru, Kiambu County, remains part of his estate.
The Environment and Land Court, in a judgment delivered on July 10, declared the purported sale of the prime land as “illegal, null and void,” restoring full ownership to Kangaita Coffee Estate Ltd., where Kanyotu held a controlling stake.
Justice Oguttu Mboya barred Trendsetters Investments, Marriott Africa International, Ukombozi Holdings, and their affiliates from any further dealings with the land.
There was the monster called Goldenberg, Kanyottu was neck deep into it.
The man who took Kamlesh Pattini to Moi , so that he can sell the idea to the Head of state was Kanyotu.
This guy used to play in the premier league of power bana. His house in limuru was so massive it was turned into a hotel sio…
Shida ni most of these security types ni bad news usitake jua how they got it, intimidation, theft, straight offing people…evil mofos
The problem with large land-holdings in a shithole country is that the value exists only on paper. Hard to generate cash flow unless you invest heavily on the land (meaning real estate projects - Centum, Tatu, Tilisi etc). The capital required to do so is too much even for robber barons in gov’t because spending billions to build houses and apartments you’re not sure will ever sell is FOOLISH.
Back to my original point, it’s more impactful to have cash-flow generating businesses. I respect industry titans like that Magunas guy. Straight up billions in cash flow. No land is gonna produce those numbers, ever. You’d be an idiot to buy land expecting riches. There’s too many land-poor people in Kenya and people don’t seem to learn.
Unless you’re doing farming, there’s no way to generate serious cash flow from land. You’ll make a few millions from apartments and hotels but that pales in comparison to the tens of millions you would make from running a proper business.
Slush funds are real in govt offices. Hata kwa private sector nilikuwa na credit card ya ofisi though ilikuwa na scrutiny of expenses kuliko ya gava. Najua msee amefanya kazi kwa mahindi all his life hawezi relate.
Hii ndio shida ya 8-4-4. What is wrong with kuamkia marikiti hata kama uko mafutani? It is not like the whole amount was mine ni vile tuu I was entrusted to manage it na hivyo ndio nikaingiza wakandism Kenya style. Wakichota pia mimi nachota. Most of this privileged positions are transient juu kila mtu anataka mtu wake kwenye kuna mafuta. One minute you are swimming in money and privileges the next minute umetumwa kwa a new department that is bone dry. Usipojipanga shauri yako.
I know that. I’m just appalled that idiots like this guy would rather park billions to recover 20 years later when they can use those billions to make hundreds of millions from day one.
