Angelica _ann wrote:This one will be interesting!!!
Citizen wrote:A money trail being followed by detectives discloses that the Ministry of Education had on January 20, 2018 deposited Ksh.1.5 billion in the National Land Commission’s account at the National Bank in Upperhill.
I thought these matters are handled by treasury? Anyway NLC to Whispering palm ltd - 1.5B 1 day later
From WPL 930M to Champions Kenya Ltd Monies shared in 20 days
On January 31 this year, two companies and two individuals were paid a total of Ksh.9.6 million within hours with the bulk of the money being paid out on February 1st to Sawe & Company Advocates, Albert Kamunde and NR Nyamai.
Innovious Limited, Meshack Onyango and Lorgis Logistics = 54M
CW Chege and Company, Stephen Macharia and Jimex Company = 12M
Yassir Hassan Mbarak = 270M Converted to USD immediately
570M that remained in WPL account
Jan30Albert Kamunde & Company Advocates= 119.5M
John Mutwiri =50M
Global Infrastructure= 48M
Mark Mburu =20M
Jan31Arab Contractors =220M
Mark Mburu and Sam Mburu =70M
Mlorry Logistics and Mugove Mudzi =17.2M
Gov Sonko to SenateOut of the Ksh.3.2 billion, Ksh.1.5 billion has already been paid out as compensation for the land to Afrison Export Import owned by Francis Mburu.
The county has already suspended officers who took part in the suspect deals surrounding the land, as well as officers who allegedly faked the waiver rates for the piece of land.
During the proceedings, it emerged that the Kenya Urban Roads Authority has also paid out millions of shillings for the 59 acres for the expansion of the Outer Ring Road yet it is also public land.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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