When the hammer falls: Why former MPs are losing properties to auctioneers

New Content Item (1)

Kenyan MPs enjoy access to a raft of loans during their tenure, ranging from mortgage facilities to car loans and personal advances.

Photo credit: Shutterstock

Former Mathira MP Peter Weru Kinyua has joined a growing list of former lawmakers and ministers whose properties have been advertised for auction, underscoring the financial vulnerability many politicians face once their time in Parliament ends.

Keysian Auctioneers recently announced that they would auction Mr Weru’s Garden Estate home in Nairobi, which sits on 0.4685 acres.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.