Billionaire, pension scheme tussle over city land

Kariuki

Businessman Humphrey Kariuki. FILE PHOTO | NMG

Businessman billionaire Humphrey Kariuki and a pension scheme for Telkom Kenya workers are embroiled in a court tussle over ownership of a prime land parcel in Nairobi.

At the centre of the dispute is a claim by the scheme, Telposta Pension Scheme Trustees Registered, that the land was reserved for public use and was illegally and fraudulently registered in the name of Mr Kariuki's company, Crucial Properties Limited, in 1998.

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