I don't mean to be insensitive but to me this story has so many gaps. I have been involved in the purchase of property in Nairobi and the process was really rigourous,it involved so many lawyers and paperwork and literally takes forever.
I don't understand how this guy could have his property sold twice without his knowledge,
- the second buyer (assuming he was the innocent buyer) had to come to view what he was buying,why didn't the owners caretakers tell him about this before the purchase was done.
- Again,the second buyers' lawyer should have done the usual land search and other due diligence,unless he was part of the collusion which would void the sale to the second buyer.
- How could this property be used to secure a loan by the first buyer,which bank is this. Besides,the rational move by the first buyer would have been to leave the bank with the property and keep the Sh.20m loan.
- And finally,the first buyer by divulging the details of the amounts he made from the proceeds should be aware that under the law all those proceeds (25M) will be recovered whether he purchased the property knowing it was stolen or not.
I am sorry if the story is true but I can't help picking up so many missing pieces in it,
A 65m ($1m) house is not a pencil that just gets stolen and life goes on. I don't understand this story.
Another piece of Kenya's Journalistic masterpieces
I guess if you can't win with facts,you can always pen bile-laced,xenophobic rants to distract everyone.
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins