16 Oct 2024 in Senate:
He says in respect to Crystal Kenya Limited: “This company was incorporated in 2009, way before I became Deputy President.”
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16 Oct 2024 in Senate:
I am interested in what the company did when Mr. Rigathi Gachagua did as Deputy President and not when the company was incorporated.
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16 Oct 2024 in Senate:
It says: “I transferred the company to my sons when I became Deputy President.”
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16 Oct 2024 in Senate:
It confirms that, indeed, the sons are acting on his behalf.
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16 Oct 2024 in Senate:
It says: “It acquired Outspan Hotel and Treetops Hotel following financing by a local bank. I also gave the company a personal loan from funds, which were returned to me by the Asset Recovery Agency. I wish to clarify that Treetops Hotel was not bought, but leased from KWS. The lease was assigned to Crystal Kenya Limited by a private company, Aberdare Safari Hotels Limited. I have annexed the facility letter dated 24th October as well as the company resolution to borrow Kshs600 million and marked as annexed to RG 14 and annexed to RG 15, respectively.
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16 Oct 2024 in Senate:
Yes, he admits acquiring the property, but goes ahead to make some justifications.
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16 Oct 2024 in Senate:
Is that the acreage which is different and that he bought it for Kshs3.5 million and not Kshs5 million as alleged?
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