MPs slap caveat on Sh48m house in probe on youth fund’s stolen cash
Quondarum Ltd Managing Director Mukuria Ngamau when he appeared before the Public Investments Committee at Parliament Buildings in Nairobi on March 8, 2016. PHOTO | EVANS HABIL | NATION MEDIA GROUP
MPs suspect Quorandrum Ltd MD bought the house using Sh180 million stolen from Youth Fund.
The Sh48 million mansion is under construction.
MPs have ordered that the house should not change hands.
MPs on Wednesday put a caveat on a Sh48 million home in Lavington, Nairobi, said to have been bought with proceeds stolen from the Youth Fund.
They ordered that the house, which is under construction, should not change hands because they suspect it was bought using part of the Sh180 million paid out illegally by the Youth Enterprise Development Fund.
