Kimunya, CBK boss grilled over Grand Regency

July 28, 2008 12:00 am

, NAIROBI, July 28 – Former Finance Minister Amos Kimunya was on Monday grilled by the Parliamentary Committee on Finance and Trade for four hours straight, over the controversial sale of the Grand Regency Hotel.

Kimunya appeared before the committee at County Hall shortly after 3pm accompanied by his lawyer Githu Muigai, to give details on the controversy surrounding the sale of the hotel that necessitated his resignation.

He emerged from the interrogation minutes after 7pm, and in a brief address to journalists expressed hope that the committee chaired by the Nambale Member of Parliament (MP) Chris Okemo would absolve him of any wrongdoing.

“We have had quite lengthy discussions and I believe justice will be carried out,” Kimunya said.

Earlier, Central Bank Governor Prof. Njuguna Ndung’u appeared before the committee and was also quizzed for close to four hours.

Ndung’u who was accompanied by his lawyer Phillip Murgor arrived at County Hall at 11am and left at 3pm.

This was the second time that the duo had appeared before the committee following fresh summons issued to clarify sale details.

Okemo informed journalists that the day long meetings had given them more insight into the sale of the hotel.

“As you know the CBK Governor and Kimunya are at the centre of the sale so we had to spend a lot of time,” he said to explain the lengthy interrogation.

The MP stated that the committee would now begin compiling its report to be presented to Parliament earliest next week.

Speaker of the National Assembly Kenneth Marende had given the committee two weeks to conduct and conclude investigations into the sale of the multi-billion shilling public asset.

The committee is under pressure to complete its work before the House goes on recess, possibly this week Thursday.

If time allows Okemo said they would be having a meeting with a representative from the Attorney General’s Office on Tuesday and the Director of Procurement could also be summoned.

The Parliamentary Committee carries its work parallel to a Commission of Inquiry chaired by retired Chief Justice Abdul Majid Cockar, whose report is expected in a month’s time.


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