[SIZE=7]EACC Probing Where Sonko Sourced Funds to Buy Sh500m Property in Upperhill[/SIZE] http://nairobiwire.com/wp-content/uploads/2020/02/sonko.jpgKenya’s anti-graft watchdog, Ethics and Anti-Corruption Commission, is reportedly investigating a controversial property deal between Nairobi Governor Mike Sonko and the Kenya Railways pension scheme.
According to sale agreements, Sonko’s family is buying the property in Nairobi’s upmarket Upper Hill at Sh498.5 million.
Situated along Matumbato Road — right behind the five-star Radisson Blu Hotel — the property serves as Sonko’s private office. It is where the embattled governor has been operating from since he was barred from accessing City Hall over alleged corruption.
The contract was inked on April 30 last year, with Sonko forking out Sh144.6 million in a week to seal the deal with the former team of trustees of Kenya Railways staff retirement benefits scheme — Corporate and Trust Pension Services Ltd.
The Star reported on Tuesday that sources at EACC said the commission is investigating, among other things, where Sonko got the funds to purchase the property.
On Monday, EACC boss Twalib Mbarak wrote to the acting CEO of the scheme, Victoria Mulwa, to provide relevant documents by Wednesday. The papers include tender documents, minutes of the tender committee, sale agreements, payment documents, approved subdivision and the main title deed.
Mulwa is also expected to record a statement at Integrity Centre.
The two parcels sold to Sonko measure 0.7415 acres and 0.5003 acres and are adjacent to each other.
The Nairobi governor was set to pay Sh298 million for the first property and Sh200.5 million for the other.
For the first property, Sonko reportedly paid Sh26.6 million before the execution of the contract and a further Sh60 million seven days after the signing of the deal.
For the second parcel, the governor paid Sh18 million before signing the contract and a further Sh40 million in seven days.
This amounts to a total sum of Sh144.6 million that Sonko paid as initial installment.
The remaining Sh353.9 million was to be settled in 90 days upon receipt of “completion documents” including the original certificates of titles and rates clearance.
However, Corporate and Trust Pension Services Ltd had not provided the documents to Sonko by the time they left office in July last year.
The Star reported that EACC has since established the property belongs to the pension scheme and has asked its managers to halt any further transaction on the property.
“This is to ask you to halt the intended sale as the matter is under investigations,” Mbarak said in a letter dated April 29.
The property deal was signed between Corporate and Trust Pension Services Ltd directors James Olubayi and Anthony Kilavi, and a firm known as Primix Enterprises Ltd.
Sonko’s wife Primose Mwelu Mbuvi is one of the directors of Primix Enterprises Ltd.
James Kanyeki, a current trustee of the scheme, blames the former trustees for failure to provide documents to Sonko to complete the sale process.
He also alleges that they “drained” the scheme and withdrew, in unclear circumstances, some Sh22 million from the fund’s coffers long after their contract expired.
The matter is a subject of investigations by the DCI.
Huyu jamaa sonko angenyenyekea and surrender the Nairobi county to metropolitan unit. Sasa anajaribu kuruka after appending his signature …what a fool … huyu atamalizwa
Wacha amalizwe…but kitu sielewi is why these guys still channel stolen cash to land in kenya, kwanza Nairobi. Land has become radioactive. Ni kama huko ndio EACC inaanzia. Cash kama hiyo u invest in something kenyans rarely invest in with some creativity.
Kuna podcast nilisikiza vile the Republican leader kwa akina @Purple had his wife get the transportation cabinet position. To some average Joe, it’s not a high level position only that these guys have a stake in a major Chinese shipping company. Inappropriate? Yes, but illegal? Nope. Lakini bonobo mpaka anunue overpriced properties ndio roho itulie
Kasee kabla 2022 ifike atakuwa amebaki Tu na hizo makende zake mbili. Waititu alihojiwa anasema saa hii Hana mabeste all people have deserted him. Walimtuma siberia.
Mmh so someone is guilty if they can not defend the source of money, then i say let it be applied to all starting with 1st family and clean this mess once and for all. The source of the money and from whom they brought it from
Just because so and so is a known thief doesnt mean we set free the thief we catch today. Their fourty days will come too. So what do you suggest, we allow massive undeterred looting to continue because we cannot try/ investigate a sitting president?
Continue dreaming. These people are just playing a game for the public to buy into. Nothing will happen to sonko, waititu lost his governorship but he is still very rich. The money that gets recovered is a small fraction of the real loot, people in government have multiple offshore accounts and shell companies that aren’t required to disclose anything, the assets the government seizes are only kenyan assets. Its the equivalent to a bank robber keeping his loot under his bed. Publicity stunts by public officials to fool thr general public and you people buy it hook, line and sinker