On Monday the president signed the Supplementary Appropriation Bill no. 2 of 2018. The allocations were as follows:
PUBLIC WORKS 1.9 BILLION
JUDICIARY 1.5 BILLION
HOUSING 21 BILLION
The beneficiary according to multiple sources is KOTO HOUSING.
Koto Housing Ltd’s Executive Chair is Uhuru’s sister – Anne Nyokabi Kenyatta, she of the Ministry of Health’s Sh5 billion scandal. Koto Housing is partnering with Commercial Bank of Africa (owned by the Kenyatta Family) to build ‘affordable housing’.
it beats logic that Koto Housing got that tender for Police Housing while the govt already has an EPS factory for the same
— Candy ♀ (@Canduh_) January 19, 2017
Brookside milk cartel
Kenyatta – Rai timber cartel
C-MAX/Koto police housing cartel (Big 4 “affordable” housing loading)
Safaricom-CBA bank mobile money cartel
— David Ndii (@DavidNdii) September 13, 2018
— David Ndii (@DavidNdii) October 24, 2018
We already have Koto and C-Max, both Kenyatta-owned construction companies. Koto has even been involved in the construction of police housing in the recent past. This housing play was actually drawn up two years ago and the blue-prints are already done and waiting, boss.
— Sura Mbaya (@surambaya) September 22, 2018
Koto Housing specializes in expanded polystyrene (EPS) modular construction technology was previously given a contract to build police housing controversially considering the government’s National Housing Corporation has the very same technology and factory.
Since then, the family has established an even bigger EPS building company C-MAX, which also showcases police housing on its website. Instructively, the website also markets “affordable housing” as one of the product lines. Affordable housing is one of Kenyatta’s “big four” agenda.
According to plans, Kenyans will fork out 1.5% of their gross pay and the employer would contribute a similar amount monthly towards the housing fund.
The plan is to build more than 200,000 housing units across the country and eligible Kenyans will apply and ‘purchase’ the units.
Interestingly, those who earn 100,000KES and above are not eligible for the houses as the assumption is they can ‘afford’ to purchase. The government will ‘refund’ their contribution after 15years.