Home Business The Kenyatta, used Presidency powers, took a loan on their behalf, built...

The Kenyatta, used Presidency powers, took a loan on their behalf, built a road and now forced Kenyans to repay it via tolls

853
0

Former President Uhuru Kenyatta and the family exposed in another multi-billion tax scandal.

This is now the second time the Kenyatta empire is facing scrutiny under the Kenya Kwanza administration. Earlier, NCBA Bank — formed through a merger partly overseen during Kenyatta’s tenure — lost a Sh384 million tax waiver in a court ruling.

The tribunal case reveals how a Kenyatta-linked firm earned billions from land deals tied to the Nairobi Expressway, despite Uhuru’s push to stop public officials from benefiting from state projects.

President Uhuru Kenyatta was pushing for a law to prevent public servants and their families from profiting from government contracts, records now reveal that a company linked to his family quietly made billions from the construction of the Sh88 billion toll road.

According to The Nation on Tuesday, July 29, 2025, the company at the centre of the storm is Edge Worth Properties Ltd, which leased its land to Cale Infrastructure, the main contractor for the Nairobi Expressway, for sand extraction and dumping.

In 2022 alone, Edge Worth declared dividends of Sh1 billion to its sole shareholder, Enke Investments Ltd — a firm owned by former First Lady Mama Ngina Kenyatta, her son Muhoho Kenyatta, and other close family members.

Although official documents initially showed Rose Wamaitha Ng’ote as the owner of Edge Worth, the company later told the Tax Appeals Tribunal that she was only holding the shares in trust for Enke Investments.


The Kenya Revenue Authority (KRA) had issued a Sh249 million tax demand against Edge Worth, citing irregular deductions and shareholder loans it classified as fringe benefits.

The tribunal later ruled that while the land levelling costs could be taxed, the dividends and loans were above board — because Enke Investments was proven to be the real owner.

Still, the revelations have reignited questions about transparency in mega infrastructure deals.

Especially striking is the contrast between President Kenyatta’s public stance on curbing enrichment by government insiders and the quiet gains made through companies linked to his inner circle.

Previous articleKigame eyes 2027 to unseat Ruto
Next articleAfrican Women in Business unveils Association to Boost Intra‑African Trade
Felix Muranda
Media Executive | Journalist | Philanthropist Felix Muranda is a renowned journalist, media entrepreneur, and visionary leader from Kenya, best known as the founder and chairman of Record Broadcasting, the parent company of several influential media outlets including Record TV Kenya, Record TV Uganda, Record TV Africa, and the emerging digital platform Record Newswire. With a passion for empowering African narratives, Felix has built a legacy of delivering bold, credible, and impactful journalism across East Africa. He is celebrated for reshaping the regional media landscape by promoting independent reporting, digital innovation, and youth-driven content. Felix holds a Diploma in Media Management and a Bachelor’s degree in Economics from Multimedia University of Kenya. His work has been recognized for its deep commitment to social responsibility, transparency, and transformation of community media. As a philanthropist, he champions media literacy, fact-checking, and opportunities for young African storytellers. Driven by purpose and public service, Felix continues to advocate for a strong, independent press that elevates African voices on both continental and global platforms.

LEAVE A REPLY

Please enter your comment!
Please enter your name here