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500,000 acres kenyatta land
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vinii
#1 Posted : Monday, August 22, 2011 9:08:33 PM
Rank: Elder

Joined: 10/14/2009
Posts: 2,057
.....according to daughter of late president - christine, all land was purchased thru' bank loans....kweli au rongo??
If you are an eagle don't hang around with chickens; chickens don't fly....
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sanity
#2 Posted : Monday, August 22, 2011 11:05:21 PM
Rank: Member

Joined: 1/24/2011
Posts: 407
Location: Nairobi,Kenya
vinii wrote:
.....according to daughter of late president - christine, all land was purchased thru' bank loans....kweli au rongo??

am unable to comprehend that size of land.my 1/8 can fit there 4 million times. Bank loan huh?
Hope is not a strategy
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Impunity
#3 Posted : Tuesday, August 23, 2011 1:09:14 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Tell that daughter of b*** to say that to the babyclass.
Nkt.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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vinii
#4 Posted : Tuesday, August 23, 2011 8:13:51 AM
Rank: Elder

Joined: 10/14/2009
Posts: 2,057
On the 33rd anniversary of Mzee Jomo Kenyatta’s death, his family has for the first time spoken out on the controversial issue of the land it owns and how it was acquired. Kenyatta’s daughter Christine has dismissed as misconceptions claims that the family had grabbed large tracts of land. The late President’s daughter says all tracts of land owned by the family were bought through bank loans.

....quoted from Nation Media
If you are an eagle don't hang around with chickens; chickens don't fly....
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Kaka Sunguch
#5 Posted : Tuesday, August 23, 2011 8:16:12 AM
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Joined: 7/12/2011
Posts: 177
Location: Jersey Island
A load of BS,...bank loans my foot!
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mukiha
#6 Posted : Tuesday, August 23, 2011 8:18:59 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
Family cleansing itself in readiness for 2012?

Which banks financed the deals?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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murenj
#7 Posted : Tuesday, August 23, 2011 8:37:59 AM
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Joined: 7/22/2008
Posts: 851
Location: nairobi
they forgot to state that the land was bought for as litle as 50 bob per acre and that the bank loans were not secured at all. The old mzee's name was all the security ever needed.
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FundamentAli
#8 Posted : Tuesday, August 23, 2011 10:43:44 AM
Rank: Veteran

Joined: 11/4/2008
Posts: 1,289
Location: Nairobi
murenj wrote:
they forgot to state that the land was bought for as litle as 50 bob per acre and that the bank loans were not secured at all. The old mzee's name was all the security ever needed.


@Murenj,

Did Kenyatta default in paying the loans?

Many kenyans were so skeptical about the land transfer schemes then. The few who participated ended up having large chunks of land as there were no other takers.

Secondly, the last time The Standard mentioned 500,000 acres they were taken to court and asked to state those parcels equaling 500,000 acres
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livie
#9 Posted : Tuesday, August 23, 2011 11:34:09 AM
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Joined: 11/1/2008
Posts: 834
bunch of balooney...!
If you are going to be thinking only one thing, you might as well be thinking big. -Donald J . Trump
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KulaRaha
#10 Posted : Tuesday, August 23, 2011 12:10:18 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Where's Njuguna the defender?
Business opportunities are like buses,there's always another one coming
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