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Minister’s firm sold Turkana oil block for Sh800m

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masukuma		#21 Posted : Wednesday, March 28, 2012 2:02:53 PM
Rank: Elder Joined: 10/4/2006 Posts: 13,823 Location: Nairobi		the one person who is regretting is the minister - he sold the rights too cheaply!! All Mushrooms are edible! Some Mushroom are only edible ONCE!
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Motomoto		#22 Posted : Wednesday, March 28, 2012 2:07:58 PM
Rank: Member Joined: 11/18/2010 Posts: 503 Location: Kenya		McReggae wrote: Thanks lord for being merciful wrote: Need to know which minister it is? Niseme? .......Coup d'etat West Africa?
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YesuWangu		#23 Posted : Wednesday, March 28, 2012 3:30:25 PM
Rank: Elder Joined: 8/11/2010 Posts: 1,588		masukuma wrote: YOU ARE ALL WRONG!! you need to differentiate 3 things - ownership of land - ownership of oil - ownership of the right to prospect (look for oil) ownership of the right to prospect does not mean that the owner of the same owns the land or the oil - it just means that the owner of the right to prospect is the only one authorized to look for oil in the said parcel of land. ownership of land in kenya does not mean ownership of the minerals therein - NO! this is not the wild west! its moot to even discuss who owns the land since that is immaterial! the minerals will make it public land read 62(f) of the constitution. however the right to look for minerals and mineral oils is up for sale and is licensed by the gava, the said company had been licensed just in block 10BB as Tullow was licensed in other areas. the minerals act allows companies to trade these rights. Masukuma, I think I am right. See what is being said of Kenya here. People in other lands are already thinking we will not be any better.
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Impunity		#24 Posted : Wednesday, March 28, 2012 3:48:02 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,333 Location: Masada		@McReggae you are thinking like me by saying mutiny!The captain of a ship so he claimed,but now he is a "merchant" of venice. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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KulaRaha		#25 Posted : Wednesday, March 28, 2012 4:50:08 PM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		http://kenyalaw.org/Downloads_FreeCases/79673.pdf Here's how the Minister got those rights.... Business opportunities are like buses,there's always another one coming
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theman192000		#26 Posted : Wednesday, March 28, 2012 6:27:59 PM
Rank: Member Joined: 7/11/2008 Posts: 401		KulaRaha wrote: http://kenyalaw.org/Downloads_FreeCases/79673.pdf Wow, just read the ruling on this case. In short if you were sinking boreholes looking for water and stumbled across some crude oil, don't bother to bring it to the attention of the government because you will not even get a finder's fee! Maybe our learned members can shed some light on this ruling.
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masukuma		#27 Posted : Wednesday, March 28, 2012 7:05:30 PM
Rank: Elder Joined: 10/4/2006 Posts: 13,823 Location: Nairobi		YesuWangu wrote: masukuma wrote: YOU ARE ALL WRONG!! you need to differentiate 3 things - ownership of land - ownership of oil - ownership of the right to prospect (look for oil) ownership of the right to prospect does not mean that the owner of the same owns the land or the oil - it just means that the owner of the right to prospect is the only one authorized to look for oil in the said parcel of land. ownership of land in kenya does not mean ownership of the minerals therein - NO! this is not the wild west! its moot to even discuss who owns the land since that is immaterial! the minerals will make it public land read 62(f) of the constitution. however the right to look for minerals and mineral oils is up for sale and is licensed by the gava, the said company had been licensed just in block 10BB as Tullow was licensed in other areas. the minerals act allows companies to trade these rights. Masukuma, I think I am right. See what is being said of Kenya here. People in other lands are already thinking we will not be any better. of course they will be pessimistic however - we must prove them wrong All Mushrooms are edible! Some Mushroom are only edible ONCE!
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Impunity		#28 Posted : Wednesday, March 28, 2012 9:21:45 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,333 Location: Masada		The merchant minister has admitted the firm belonged to him then but he had resigned from the firm when he was appointed "secretary of state". KTN news at 9pm. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Impunity		#29 Posted : Thursday, March 29, 2012 9:02:44 AM
Rank: Elder Joined: 3/2/2009 Posts: 26,333 Location: Masada		And the said minister still claims he is a humble person living the wanjiku class of lifestyle! Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Chiizi		#30 Posted : Thursday, March 29, 2012 9:26:33 AM
Rank: New-farer Joined: 9/23/2010 Posts: 47 Location: Nairobi		Something told me yesterday that the Minister must be a lawyer working on behalf of a Client. Damage is done courtesy of Kenyan journalism Link http://www.nation.co.ke/News/po...2/-/x824qmz/-/index.html
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