David Ndii ties 4 Kenyatta family companies to house levy scam

Image result for imagesof David Ndii
David Ndii

Amidst public uproar on the House Funding Levy, economist David Ndii has tied four companies linked to Uhuru Kenyatta’s family as beneficiaries from the housing levy implemented by the government in the aim of achieving affordable housing.

From next month, employees will pay 1.5% of their pay to the housing fund and that amount will be matched by the employer.

Ndii said the compulsory housing levy, meant to raise money (Sh57 billion per year) where the government will build houses for low-income citizens, will benefit at least four companies owned by the Kenyatta.

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To expound more, Ndii has reminded of an article he published on the crony of capitalism and state capture focusing on the Kenyatta family.

Image result for Images of Koto housing associated with Uhuru’s sister

“Koto housing associated with Uhuru’s sister and specializing in expanded polystyrene (EPS) modular construction technology was cashing in on police housing.

No sleuthing is required to establish this, it’s on the company’s website. 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.

Image result for images of Uhuru's brother Muhoho
Uhuru’s brother Muhoho

That the Kenyatta family would set up businesses to trade with the government during his tenure and have no qualms showcasing government business on their websites, is astounding,” David Ndii wrote.

Timsales is one of the oldest firms offering wood products and services and has been part of the Kenyatta stable for many years.

Uhuru’s brother, Muhoho has in the past served on the board of Timsales Holding Ltd.

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