14 alleged Lamu grabbers are fake companies

August 1, 2014 3:12 pm
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The phoney companies include Shanghai Africa Investment Limited, Fincorp Investments Limited, Kibokoni Ranch, Sheila Ranch Limited, Baragoni Boni Community among others/FILE
The phoney companies include Shanghai Africa Investment Limited, Fincorp Investments Limited, Kibokoni Ranch, Sheila Ranch Limited, Baragoni Boni Community among others/FILE

, NAIROBI, Kenya, Aug 1 – Fourteen of the companies that allegedly grabbed 500,000 acres of land in Lamu do not appear in the Registrar of Companies’ records. Records released by State House showed that most of the companies were fictitious because their details are not available at Sheria House.

The phoney companies include Shanghai Africa Investment Limited, Fincorp Investments Limited, Kibokoni Ranch, Sheila Ranch Limited, Baragoni Boni Community among others.

Eight firms’ directors were however released with dates of incorporation and status of annual returns filing.

The list further revealed that some companies were registered under the same name but on different dates which contravenes laws that guide registration of companies in the country.

Brick Investments Limited which is listed as having 40,000 acres is owned by Alice Masaa and Margaret Kavulani.

The same directors of Brick Investments are also listed as directors of Dynamic Trading Company Limited which owns 22,000 acres of land.

Masaa and Kavulani own a further 22, 230 acres of the land under a different company called Dynamic Trading Company which was registered on 9 September, 2011.

Records at the Registrar of Companies show that Mat International which is listed as having 40,000 acres is owned by Twalib Ali Mohamed Hatayan and Abdiwahid Haji Yerrow.

Capital FM News also established that the Criminal Investigations Department and Ethics and Anti Corruption Commission have already written to the Registrar of Companies seeking to be furnished with the list of directors.

This followed a directive from President Uhuru Kenyatta who on Friday morning finalised a meeting with Lamu leaders over the shocking grabbing of 500,000 acres of land by 22 entities.

Over 90 people have been killed in Lamu area following a series of attacks since July. Though the government blamed it on politicians, the opposition claimed it was Al Shabaab behind the attacks.

However, recently, politicians including the government have indicated that land issues could be one of the major reasons for the attacks.

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