Knowledge (XXG)

Grand Regency Scandal

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78:, a central figure in the Goldenberg investigations and a founder of the Goldenberg company, reportedly used proceeds from the Goldenberg scandal to build the Grand Regency. In addition to the questionable source of the funds, Pattni acquired the lands from the Central Bank of Kenya in highly suspicious circumstances. Under a law passed in 2002 offering amnesty to those who return proceeds of corruption, Pattni negotiated immunity from prosecution for his role in Goldenberg in exchange for the transfer of the Grand Regency to the Central Bank of Kenya. 379: 47:
The controversy involves the no-bid nature of the sale, the secrecy under which it was negotiated, the identity of the buyers, and the price of the luxury hotel- reportedly 2.9 billion Kenyan Shillings (approx. US$ 44 million), around one-third of previous appraisals of the property's value in the
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of PNU, while Orengo is a member of ODM. When first alerted of the sale, Orengo ordered his ministry to block the transfer of the land grant, but members of the Secret Police arrived at the ministry and reportedly threatened Orengo's employees into completing the transfer. Other members of PNU,
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and the secretary to the board of directors at the CBK. Additionally, the Parliament refused to consider any bills relating to the Finance Ministry, pending Kimunya's ouster. This included the National Budget.
68:.) Goldenberg involved the trans-shipment of large quantities of gold through Kenya, with a 35% subsidy paid to the Goldenberg company by the Government of Kenya. Much of the gold was smuggled out of the 121:
On 3 July, a parliamentary committee investigating the sale issued a preliminary report recommending the suspension of the sale. The committee, headed by PNU-affiliated attorney general
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neighbourhood of 7 billion Kenyan Shillings (approx, US$ 114 million). The value of the hotel is disputed by Kimunya. Lands Minister
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The political dimensions to the scandal are still unfolding. Kimunya has been identified as a potential successor to President
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On 25 November 2008, an official inquiry cleared Kimunya of any wrongdoing. The commission's report was not made public.
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on 1 July 2008. On 8 July 2008 Kimunya submitted his resignation, and called for an investigation to clear his name.
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investors called "Libya Arab African Investment Company". The sale was directed by Finance Minister
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blew the whistle on the sale, charging his fellow cabinet minister, Kimunya, with corruption.
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http://www.nationmedia.com/dailynation/nmgcontententry.asp?category_id=2&newsid=126811
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the Assistant Minister for Provincial Administration and Internal Security confirmed to
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On 23 January 2009, Kimunya was reappointed to the cabinet by President
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Kenya: MPs Censure Kimunya Over Sale of Grand Regency Hotel
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concerns the sale of the Grand Regency Hotel in Downtown
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http://www.eastandard.net/news/?id=1143989317&cid=4
478: 427: 411: 390: 60:The Grand Regency hotel played a minor part in the 315:Kenya National Assembly Official Record (Hansard) 361: 339:, Radio France International, 23 January 2009 8: 86:The scandal is the first major test of the 368: 354: 346: 220:Goldenberg ghost haunting Kenya Government 94:. The Grand Coalition includes Kimunya's 261:Karua denies calling for Kimunya ouster 187: 241:Grand Regency: What does Kibaki know? 7: 291:Kenya: Raila Team Okays Probe Report 398:Turkwel Hydroelectric Power Station 230:East Africa Standard, 29 June 2008 496:NHIF Civil Servants Scheme Scandal 491:City Council Cemetery Land Scandal 218:Nairobi Chronicle, 25 April 2008: 14: 486:Embassy Property Purchase Scandal 302:Kenya hotel saga: FM off the hook 272:Knives Out in the Kitchen Cabinet 162:that the commission had cost the 377: 318:. 16 December 2008. p. 4108 110:including presidential aspirant 90:following the resolution of the 70:Democratic Republic of the Congo 196:Probe into Kenya hotel sell-off 337:PM announces cabinet reshuffle 1: 206:Business Daily, 2 July 2008: 384:Corruption scandals in Kenya 166:Government Kshs 51,224,990. 98:(PNU) and their rivals, the 532:Political scandals in Kenya 270:Daily Nation, 6 July 2008: 32:to an unspecified group of 16:Erupting in June 2008, the 548: 250:Daily Nation, 7 July 2008 150:In response to a query by 100:Orange Democratic Movement 88:Grand Coalition government 289:The Nation, 4 July 2008: 194:BBC News, 30 June 2008: 129:, Central Bank governor 403:Kisumu Molasses Project 154:, on 16 December 2008, 96:Party of National Unity 92:2007-2008 Kenyan crisis 440:NHIF Ambulance Scandal 178:as Minister of Trade. 470:Grand Regency Scandal 445:KPC Ngong Forest Land 435:Anglo-Leasing scandal 30:Central Bank of Kenya 18:Grand Regency Scandal 527:Corruption in Kenya 277:9 July 2008 at the 257:8 July 2008 at the 237:8 July 2008 at the 66:Corruption in Kenya 479:2010–present 419:Goldenberg scandal 62:Goldenberg Scandal 522:Scandals in Kenya 504: 503: 455:Euro Bank Scandal 82:Political Fallout 42:Kenyan Parliament 539: 382: 381: 370: 363: 356: 347: 340: 334: 328: 327: 325: 323: 310: 304: 299: 293: 287: 281: 268: 262: 248: 242: 228: 222: 216: 210: 204: 198: 192: 127:Michael Gichangi 547: 546: 542: 541: 540: 538: 537: 536: 507: 506: 505: 500: 474: 428:2000–2009 423: 412:1990–1999 407: 386: 376: 374: 344: 343: 335: 331: 321: 319: 312: 311: 307: 300: 296: 288: 284: 279:Wayback Machine 269: 265: 259:Wayback Machine 249: 245: 239:Wayback Machine 229: 225: 217: 213: 205: 201: 193: 189: 184: 172: 148: 140: 131:Njuguna Ndung'u 116:Kalonzo Musyoka 84: 58: 12: 11: 5: 545: 543: 535: 534: 529: 524: 519: 509: 508: 502: 501: 499: 498: 493: 488: 482: 480: 476: 475: 473: 472: 467: 465:Triton scandal 462: 457: 452: 447: 442: 437: 431: 429: 425: 424: 422: 421: 415: 413: 409: 408: 406: 405: 400: 394: 392: 388: 387: 375: 373: 372: 365: 358: 350: 342: 341: 329: 305: 294: 282: 263: 243: 223: 211: 199: 186: 185: 183: 180: 171: 168: 152:Joseph Lekuton 147: 144: 139: 136: 83: 80: 76:Kamlesh Pattni 57: 54: 13: 10: 9: 6: 4: 3: 2: 544: 533: 530: 528: 525: 523: 520: 518: 517:2008 in Kenya 515: 514: 512: 497: 494: 492: 489: 487: 484: 483: 481: 477: 471: 468: 466: 463: 461: 460:Maize scandal 458: 456: 453: 451: 448: 446: 443: 441: 438: 436: 433: 432: 430: 426: 420: 417: 416: 414: 410: 404: 401: 399: 396: 395: 393: 389: 385: 380: 371: 366: 364: 359: 357: 352: 351: 348: 338: 333: 330: 317: 316: 309: 306: 303: 298: 295: 292: 286: 283: 280: 276: 273: 267: 264: 260: 256: 253: 247: 244: 240: 236: 233: 227: 224: 221: 215: 212: 209: 203: 200: 197: 191: 188: 181: 179: 177: 169: 167: 165: 161: 157: 153: 145: 143: 137: 135: 132: 128: 124: 119: 117: 113: 108: 103: 101: 97: 93: 89: 81: 79: 77: 73: 71: 67: 63: 55: 53: 51: 45: 43: 39: 35: 31: 27: 23: 19: 469: 332: 320:. Retrieved 314: 308: 297: 285: 266: 246: 226: 214: 202: 190: 173: 149: 141: 120: 112:Martha Karua 104: 85: 74: 59: 50:James Orengo 46: 38:Amos Kimunya 17: 15: 391:Before 1990 176:Mwai Kibaki 107:Mwai Kibaki 28:, from the 511:Categories 450:Mau Forest 182:References 160:parliament 156:Orwa Ojode 138:Commission 56:Background 322:8 January 170:Aftermath 123:Amos Wako 275:Archived 255:Archived 235:Archived 102:(ODM). 22:Nairobi 34:Libyan 164:Kenya 26:Kenya 324:2013 146:Cost 513:: 24:, 369:e 362:t 355:v 326:.

Index

Nairobi
Kenya
Central Bank of Kenya
Libyan
Amos Kimunya
Kenyan Parliament
James Orengo
Goldenberg Scandal
Corruption in Kenya
Democratic Republic of the Congo
Kamlesh Pattni
Grand Coalition government
2007-2008 Kenyan crisis
Party of National Unity
Orange Democratic Movement
Mwai Kibaki
Martha Karua
Kalonzo Musyoka
Amos Wako
Michael Gichangi
Njuguna Ndung'u
Joseph Lekuton
Orwa Ojode
parliament
Kenya
Mwai Kibaki
Probe into Kenya hotel sell-off
Kenya: MPs Censure Kimunya Over Sale of Grand Regency Hotel
Goldenberg ghost haunting Kenya Government
http://www.eastandard.net/news/?id=1143989317&cid=4

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