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How Paul Ndung’u amassed wealth and power in a decade
Mr Paul Ndung’u. PHOTO | FILE
Reports that Life Care Medics, a company associated with businessman Paul Ndung’u, was one of the firms that the Ministry of Health contracted to supply food supplements and rations for HIV/Aids patients, have once again thrust the billionaire and his vast business empire into the limelight.
The reclusive businessman, who is a shareholder and a non-executive director of Life Care Medics, says he is now investing in private companies with the potential to capture the regional market as part of his plan to diversify from the Nairobi Securities Exchange (NSE) where he made his fortune.