WSR wealth questions

B

baogu

Village Elder
#1
#1
How comes WSR can afford Weston, a lake and a fleet of matatus, yet other career politicians like .....cannot. Well, lets peel back the mask

The difference. You remember this piece of BS during nusu mkate

download (2)v.jpg
I guess the man is good in financial management. Many former MPs are bankrupt immediately after their end term. A person receiving about 1M every month gets bankrupt almost immediately after the parliamentary taps get dry. Why?
Miguna X2 explains lack of political honesty by some politicians

http://www.nation.co.ke/lifestyle/d...on-of-power-/957860-1460720-etrwi7/index.html

DD3gkJAWAAAz9o-.jpg

By the way can someone remind me the billions of dollars required to construct a lake.
 
O

obienga

Village Elder
#3
#3
baogu said:
The difference. You remember this piece of BS during nusu mkate

View attachment 138961
I guess the man is good in financial management.
Click to expand...
October 25, 2011 4:24 pm

NAIROBI, Kenya, Oct 25 – A law firm associated with a Cabinet Minister was nearly evicted from a building in Nairobi’s Central Business District over rent arrears on Tuesday.

The caretakers of Lonrho House had called in auctioneers to attach the property of JAB Orengo Advocates over unpaid rent but later called off the move after the firm paid some of the arrears.

The firm is linked to Lands minister James Orengo.

Sources told Capital News that the law firm’s rent arrears amounts to millions of shillings.

Furniture that had already been removed from the premises was returned after the law firm paid the arrears during the 3pm incident.

This is not the first time that auctioneers have been called to intervene over rent arrears involving the law firm.
https://www.capitalfm.co.ke/news/2011/10/auctioneers-called-in-to-jab-orengo-law-firm/

3 DECEMBER 2011
The Star (Nairobi)
AUCTIONEERS have proclaimed several household goods belonging to Lands minister James Orengo to be sold by public auction to recover a debt of Sh700,000. Kiriiyu Merchants moved into the minister's house on November 29 and identified several household items to be sold to recover the debt.


In the inventory, the auctioneers identified a sofa set valued at Sh10,000, two motor vehicles, one valued Sh300,000 and another worth Sh350,000, wall pictures, carpets, a cooker and gas cylinder and a dinner table valued at Sh6,000. Also proclaimed is a wall unit valued at Sh10,000 and a TV set worth Sh5,000. http://allafrica.com/stories/201112050103.html
 
Greedy Genius

Greedy Genius

Village Elder
#6
#6
baogu said:
How comes WSR can afford Weston, a lake and a fleet of matatus, yet other career politicians like .....cannot. Well, lets peel back the mask

The difference. You remember this piece of BS during nusu mkate

View attachment 138961
I guess the man is good in financial management. Many former MPs are bankrupt immediately after their end term. A person receiving about 1M every month gets bankrupt almost immediately after the parliamentary taps get dry. Why?
Miguna X2 explains lack of political honesty by some politicians

http://www.nation.co.ke/lifestyle/d...on-of-power-/957860-1460720-etrwi7/index.html

View attachment 138962

By the way can someone remind me the billions of dollars required to construct a lake.
Click to expand...
Umesahau 680 hotel.
 
1776

1776

Village Sponsor
#8
#8
Firstly, let's dispel the rumours that William aliiba. You have no evidence.

Let's say he took advantage of the system.

He has been in business for long. He owns Amaco insurance and also has a travel and tourism firm. Do you honestly think he's poor?

Doesn't he have loans to pay? Isn't he also not a large scale farmer? Oh where did he get the money to buy the land? From bank financing.

Alafu, where is the evidence that he bought 680? People in Kenya really need to interrogate through things they hear and read.

Peopleton (simpletons of people) want to make it look like he suddenly became very wealthy while he was/is DP.

The things we can put squarely against William is selling land worth 272m to nssf and he was charged for that. I'm not sure how that case went.

And also buying Muteshi's land which the court ordered him to return and pay 5m in compensation. Which he did.

Anyway, we're all entitled to believe what we wish :)
 
B

Budspencer

Village Elder
#9
#9
May be he was to remain a chicken seller forever.

Nilisoma ODM Alerts ati babuon is worth 300Billion. How did he acquire all that wealth? Ama yake is above questioning? Well, when his minions answer that they'll also have answered the source of Ruto's
 
spear

spear

Village Sponsor
#11
#11
True DP Uncle Ruto is very disciplined with everything including finances.

When he was an assistant minister in the last year of Nyayo government, he was in the entourage that flew to London with former President Moi. Those trips usually come with some stipend. While minister used that cash to buy expensive Suits to look more mheshimiwa, DP Uncle Ruto bought a hundred new computers and left the high commission to handle the duty free importation back home. Computers were not readily available for the masses back then. When he got back he leased some commercial space for a computer college and hired staff. The computers arrived within the month in Eldoret and Rachel Ruto was given the responsibility to supervise it. Mtu ni kujipanga. When in odm he noticed how RAT and PNU ministers used their contacts to get contracts internationally to move and sell commodities in bulk depending on needs. That biz only favours those in power as it needs clout to be a player. He has greatly tapped onto that by being a better businessman. RAT used to eat both ways, the profits from the venture and demands for bribes as well from the same partners you are working together. They hated that greed and arm twisting. DP Uncle Ruto is fair and dependable. His good people skills and salemanship has also increased the volumes and networks drawing more business.
 
T

Theuri wa kigogoine

Guest
#13
#13
Budspencer said:
May be he was to remain a chicken seller forever.

Nilisoma ODM Alerts ati babuon is worth 300Billion. How did he acquire all that wealth? Ama yake is above questioning? Well, when his minions answer that they'll also have answered the source of Ruto's
Click to expand...
300B in what business ventures??? Na msiseme Spectre na Molasses hizo hazifiki io bei
 
P

patco

Village Chief
#16
#16
obienga said:
October 25, 2011 4:24 pm

NAIROBI, Kenya, Oct 25 – A law firm associated with a Cabinet Minister was nearly evicted from a building in Nairobi’s Central Business District over rent arrears on Tuesday.

The caretakers of Lonrho House had called in auctioneers to attach the property of JAB Orengo Advocates over unpaid rent but later called off the move after the firm paid some of the arrears.

The firm is linked to Lands minister James Orengo.

Sources told Capital News that the law firm’s rent arrears amounts to millions of shillings.

Furniture that had already been removed from the premises was returned after the law firm paid the arrears during the 3pm incident.

This is not the first time that auctioneers have been called to intervene over rent arrears involving the law firm.
https://www.capitalfm.co.ke/news/2011/10/auctioneers-called-in-to-jab-orengo-law-firm/

3 DECEMBER 2011
The Star (Nairobi)
AUCTIONEERS have proclaimed several household goods belonging to Lands minister James Orengo to be sold by public auction to recover a debt of Sh700,000. Kiriiyu Merchants moved into the minister's house on November 29 and identified several household items to be sold to recover the debt.


In the inventory, the auctioneers identified a sofa set valued at Sh10,000, two motor vehicles, one valued Sh300,000 and another worth Sh350,000, wall pictures, carpets, a cooker and gas cylinder and a dinner table valued at Sh6,000. Also proclaimed is a wall unit valued at Sh10,000 and a TV set worth Sh5,000. http://allafrica.com/stories/201112050103.html
Click to expand...
hehe orengo has a tv set worth 5000? why are they insulting this Luopean.
 
addCache

addCache

Village Elder
#18
#18
Our DP despite being a fisi has invested alot of the money he gets in businesses. Unfortunately the lies being told by his political foes is what people believe in
 
kwesta

kwesta

Village Elder
#19
#19
Same shit they said about Biwott , most of his businesses he started way back right after independence when Kenyatta senior wa still the president.

Biwott led an active business life and was regarded as one of Kenya's most successful entrepreneurs.

As a teenager in the late 1950s Biwott worked alongside his father who had established a successful fruit and vegetable business in Eldoret. The young Biwott also borrowed small amounts of money from a local bank with which to expand his own business sideline selling meat products and eggs. Nicholas Biwott continued to expand his own business and in the late 1960s formed ABC Foods selling food and animal feed products.

Within a few years Nicholas Biwott was able to invest in farms and businesses, taking advantage of the post-independence banking policies at the time by which Kenyans were granted loans on favourable terms. In 1969, aged 29, Biwott purchased the Eldoret Town International Harvester (IH) dealership (now FMD trading as Lima Ltd). He also purchased a dairy farm in the same year, started an importer exporter business in 1972, purchased two wheat farms in 1974, invested in the sole agency for IH in Kenya for agricultural tractors and implements in 1975, and purchased a local air operator in 1977 (now Air Kenya).

Biwott's business philosophy of purchasing small or failing businesses, investing and re-investing in them over many years, appears to have paid dividends. He is now regarded as one of Kenya's wealthiest businessmen.
 
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