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Uhuru kin seek House’s help to regain Sh700m auctioned land
President Uhuru Kenyatta's cousin, Ngengi Muigai. PHOTO | FILE
President Uhuru Kenyatta’s kin have sought Parliament’s intervention in their push to regain control of a Sh700 million coffee estate allegedly sold by Kenya Commercial Bank (KCB) without their consent. Mr Ngengi Muigai and Captain Kung’u Muigai, both cousins of Mr Kenyatta, told the House Finance, Planning and Trade committee that KCB sold the 443-acre Muiri Coffee Estate Limited in 2007 at a cost of Sh70 million.
The transaction was allegedly made in a bid to recover a Sh9.4 million debt that Muiri Estate had guaranteed another company which borrowed the money through a charge of two prime properties located in Nyandarua.