This is how troubled Waititu mints his millions

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Kiambu Governor Ferdinand Waititu has for the first time opened up about the source of his wealth.

Speaking during an interview with The Standard, Waititu has described himself as a self-made tycoon who has accumulated wealth from business ventures.

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The controversial politician says he has earned most of his fortune from his garbage collection companies as well as through the sale of plots of land in Nairobi.

Waititu also explains that he was already a millionaire before he joined politics.

“I am a self-made tycoon, having been a garbage collector in the city through Bins Management Service. I am not a poor man as portrayed by my political enemies,” he states.

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He has rubbished claims that he acquired part of his fortune through corruption, and has accused his rivals of advancing the narrative as they are envious of his genuine wealth.

Waititu reveals that he started off by selling sand and has built his business empire over time.

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“Mimi nilijipanga kitambo kabla niingie siasa wakati nilikua nauza mchanga (I started making money selling sand long before I switched to politics),” he explains.

Although he has not revealed his actual net worth, Waititu is known to own several prime parcels of land in Nairobi and a number of multi-storey commercial buildings in the city center.

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On shocking Kiambu budget that emerged last month, Babayao maintained that his county didn’t plan or made any expenditures as exposed by Auditor General.

In the report, Kiambu budget has allocated funds to peacekeeping in South Sudan, allocated funds to retired presidents, free primary education and shown some funds went to the state house.

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“The items were not in the Kiambu County Budgets nor were they in the expenditure reports submitted to the controller of budgets.” Babayao reinstated.

As a way amicably solving the issue that has attracted public interest, the council of governors formed a committee that shall work to provide a detail report.

Waititu who appeared before the Senate last week welcomed the decision.

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“I fully support the decision taken by the Council of Governors’ today to form a multi-stakeholder Committee chaired by the Controller of a budget and comprising of CoG, National Treasury and the Auditor General who will submit a full report on the matter in 14 days. I remain committed to serving the people of Kiambu and Kenyans at large.” read part of Waititu’s post.

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