Musalia Mudavadi reveals Absa, First Assurance stake in Sh4bn wealth

Prime Cabinet Secretary Musalia Mudavadi on October 17, 2022. PHOTO | DENNIS ONSONGO | NMG

Properties in upmarket Riverside Estate, shares in Absa Bank and First Assurance Company Limited account for the largest share of nominee for Prime Cabinet Secretary Musalia Mudavadi’s net worth of Sh4.1 billion.

The Riverside Stables is worth Sh1 billion, according to disclosures made by Mr Mudavadi to the Committee on Appointments, which vetted him yesterday.

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