Billionaire Kibunga Kimani’s Sh205m land sale row spirals to Supreme Court

Billionaire John Kibunga Kimani. 

Photo credit: Pool

A decade-long battle over a Sh205 million land sale deal in Murang’a has escalated to the Supreme Court, setting the stage for a showdown between billionaire John Kibunga Kimani and a manufacturing firm over a deal that collapsed in 2013.

Dr Kimani’s Rural Development Services signed an agreement to sell 51.28 hectares in Makuyu to African Cotton Industries in July 2013. A 10 percent deposit of Sh20.5 million was paid, but the transaction did not progress.

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