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ODM in slim wealth gain to hit Sh10.5 billion net worth

ODM leadership

ODM party leader Raila Odinga with party Chairman John Mbadi (L) and party Secretary General Edwin Sifuna during the ODM National Governing Council meeting held in Nairobi on March 1, 2019.

Photo credit: File

Raila Odinga-led Orange Democratic Movement (ODM) has seen a slight increase in its net worth to reach Sh10.5 billion, even as it recorded a rapid 61 per cent drop in its surplus revenue from Sh1.15 billion to Sh454 million compared to last year.

In its latest financial report, the party said it was now worth Sh10.5 billion as at June 2023, an increase in wealth from Sh10.04 billion a year earlier.