Kenyans Have Sh51 Billion Stashed In Swiss Banks

Kenya has been ranked 58th in a global list of countries with the most dollar deposits in Swiss banks, at a whopping Sh51.18 billion ($559.8 million).

This is according to a leaked report titled Swiss Leaks, compiled by the International Consortium of Investigative Journalists (ICIJ).

The report further states that the figure is shared among 742 clients. About 460 of the 742 clients collectively hold 1,093 accounts opened between 1975 and 2006, according to the report.

The account linked to Kenya with the highest amount of money has Sh3.27 billion, though the owner is unnamed. The only named owner of a Kenyan account of which the figure is not mentioned is Machakos Senator Johnstone Muthama.

Muthama told ICIJ that the account was for a mining company. The report says Muthama is the executive chairman of Muthama Gemstones (Kenya) Ltd., a society that operates internationally, dealing with mines and precious stones.

The report added: “HSBC files recorded Muthama’s name in connection with the client account ‘ROCKLAND96’, which was set up in 1996 and closed in 2000. Muthama was also linked to the numbered client account ‘20443NM’ over the same period.

“Bank files listed eight of his relatives – and named Nduya Muthama – also linked to the numbered account. “The leaked files do not specify the exact role that he [Muthama] had in relation to the accounts.”

HSBC (the Hong Kong and Shanghai Banking Corporation) is a British banking and financial services company headquartered in London and the world’s second largest bank. Muthama himself said, “This [the Swiss account] was necessary because of my foreign directors and partners. “The account was therefore opened to facilitate remittance of funds into one central account for the sole purpose of purchasing mining equipment and spare parts. Once the mine was set up, the account was consequently closed.”

ICIJ said those named in the report have not necessarily engaged in illegal activities. “There are legitimate uses for Swiss bank accounts and trusts. We do not intend to suggest or imply that any persons, companies or other entities included in the ICIJ Swiss Leaks interactive application have broken the law or otherwise acted improperly,” the organisation said.

Meanwhile, the Ethics and Anti-Corruption Commission has given all State and public officers until March 31 to close any foreign bank accounts they may be operating but have yet to be approved by the EACC.

 

Senator Muthama Roughed Up Inside Parliament

Chaos disrupted Thursday’s security bill special sitting causing the National Assembly to adjourn twice. The house will resume at 2:30pm. Caught in the mayhem was Machakos senator Johnstone Muthama whose trousers were torn in the process and one of his leg injured. Reports indicate that a number of MPs and senators from both Jubilee and Cord attacked each other inside parliament. Here are some of the photos:

muthama1

 

muthama

 

IMG-20141218-WA0008

Photos courtesy twitter.com

Muthama’s ex wife demands half of his wealth

Senator Johnstone Muthama’s estranged wife has filed court papers demanding 50 per cent of his wealth.  Agnes Kavindu, 57, married the wealthy Machakos senator in 1975, but the marriage collapsed in 1983 and ended in divorce.

Her court papers say, however, she was married a second time to the senator in 1996 and they were blessed with a baby.

The remarriage has been rocky, she says, but has not been dissolved and is the basis of her submitting papers to prove she is entitled to half of the controversial politician’s fortune.

But the marriage was plagued by troubles in the past five years, compelling Muthama to put up a palatial home on 100 acres in Machakos.

He demanded Kavindu leave the matrimonial home and move to the new house.  But evangelist Kavindu would have none of it and has remained holed up in the 30-bedroom home that the politician reportedly is keen to convert into his political command post.

Senator Muthama, 60, has opposed the property claim through lawyer Ochieng’ Oduol. The lawyer told a High Court judge, before listening to her claims of property, that the court ought to establish whether a marriage existed between the two.  The senator says there was no marriage between him and Kavindu because they were divorced in 1983.

She argued, however, that after the divorce they lived separately lives for years, but said the senator had a change of heart and decided they should remarry.

She accepted his  proposal and lived in their matrimonial home, even bearing a child who is now 18 years old. She says that by virtue of cohabiting, there existed a marriage.

The judge noted that some of the issues raised by the senator in his objection are contested by Kavindu and thus he needs to investigate the disputed facts.

“Even though it is not disputed that the decree of divorce was granted in 1983, there are allegations of cohabitation, allegations which the court must investigate, and a decision can only be made on the basis of a full knowledge of these facts, such as can only be obtained from the proceedings on the merits,” said judge William Musyoka.

He ruled that he is not satisfied that a proper preliminary objection has been raised or argued by the senator.  In a separate case, Kavindu has told court she has resisted eviction from the property, that she has been treated badly and deprived of her right to drinking water, despite having two boreholes in the palatial property.  In her suit papers fighting the eviction, she says the water was disconnected, forcing her to use swimming pool water for washing and bathing.

She told the court her son Moses removed all household furnishings, including cutlery, a cooker and fridge, in an effort to force her out.  Kavindu said Muthama even ordered that a swarm of bees be placed in the house to drive her away. She accused the senator of denying her friends and relatives access to the house to ensure she suffers in solitude.  “My home for the last 18 years has turned into a nightmare for me,” she said.

Yesterday, judge Musyoka directed electricity be reconnected and water resupplied to the house. He said an electrician and plumber should be allowed in to work.

Last month the senator and his son Moses are said to have ordered a guard to lock up a group of Federation of Kenya Women Lawyers who had visited Kavindu.  The parties are expected back in court next week.

Source : The Star

High court issues second order barring Muthama from evicting his wife

High court Judge William Musyoka on Friday directed Machakos Senator Johnstone Muthama not to evict his estranged wife Agnes Kavindu from their home in Mua.

In her suit Kavindu says the senator has made several attempts to remove her from the house despite a previous court order.

She is seeking the courts intervention to stop Muthama from harassing her and to also compel the senator to restore electricity and water to the home.

Muthama’s wife in court to stop eviction

The first wife of Machakos Senator Johnstone Muthama has moved to court seeking an urgent order to stop her eviction from their matrimonial home in Mua.

Agnes Kavindu on Thursday asked the court to intervene and stop further harassment against her so that she is able to enjoy her peace.

Kavindu, through lawyer Judith Thongori, informed Judge William Musyoka of the Family Division of the High Court in Nairobi that the senator has in the recent past made several attempts to remove her from the house, despite a court order stopping the move.

Also sought is an order to have the senator restore electricity and water to the house.

Read more: http://www.the-star.co.ke/news/article-195169/muthamas-wife-court-stop-eviction

Muthama says his family saga is political

Machakos Senator Johnstone Muthama reads political machinations in the family disputes between him and his ex-wife Agnes Kavindu.

Speaking during a funds drive in Kithendu Secondary School on Saturday, Muthama accused the media of blowing the dispute out of proportion.

He blamed the saga on Kavindu’s pride “which is the result of the good care I’ve taken of her all through”.

Muthama said he is not scared of the “exaggerated publicity as it is all politics”.

“Muthama is a man of many wives and even when you look at the photos taken of Kavindu, you will see a smart woman meaning that she never lacked anything,” he said.

Read more: http://www.the-star.co.ke/news/article-194718/muthama-says-his-family-saga-political