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"content": "So far, there have been five valuations of that hotel - one in 1997 which returned a value of Kshs2.1 billion, three valuations that were done by professional valuers and the highest value was about Kshs2.1 billion. During the Cockar Commission, an independent valuer was appointed, who returned a value of Kshs2.03 billion. The CBK did receive US$45 million which, if you translate at today's rate of Kshs79, you are talking of not less than--- It should be about Kshs3.5 billion plus Kshs760 million that had already been paid over and was being held by the CBK."
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