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Mt Kenya billionaires who bankroll campaigns, elections

Equity Bank chairman Peter Munga (left) Chris Kirubi and Titus Ibui.

Photo credit: File | Nation Media Group

What you need to know:

  • Equity Bank chief executive, Dr James Mwangi, billionaire Chris Kirubi and former career administrator, Joseph Kaguthi, also have considerable influence.
  • During elections held at Safari Park Hotel in July, Mr Kibe – a financial and governance expert – replaced second liberation hero Charles Rubia, who died last December.

An exclusive club of billionaires in Mt Kenya has played leading roles in presidential campaigns. Their financial muscles were instrumental in delivering the big prize to President Uhuru Kenyatta and his predecessor Mwai Kibaki.  

One such powerful lobby that has influenced the region’s political direction is the Council of Eminent Persons.