KOINANGE FAMILY FINALLY BREATH SIGH OF RELIEF.

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Former Powerful Cabinet minister Mbiyu Koinange’s widow, Eddah Wanjiru before a Nakuru court.
BY SAM ALFAN.
The battle of the vast estate of late former powerful cabinet minister Mbiyu Koinange which has lasted for over 25 years in court has now come an end.
Justice William Musyoka made several declarations which included the appointment of new estate administrators to manage estate.
The judge said that David Njunu Mbiyu Koinange and David Waiganjo Koinange wil be the administrators of the estate, the judge revoked former administrators.
He said the new administrators should take urgent steps to recover the assets held illegal by the members of the family.
Justice Musyoka, said property LR No 3561/2 and the Oceanic hotel and land which changed hand in unclear circumstance which to be among the assets to be recovered by the administrators.
The advocates who are holders of account at Ecobank Kenya limited should true account of the money within a period of 30 days.
He said the advocates were to hold the money in trust and they are entitled to account any amount removed from the bank and explain whose authority the withdrawal was done and spent.
The judge found in the judgment, that Margaret Njeri and Edda Wanjiru were not widows of the late Koinange, saying that the court makes declaration that they cease being members of the deceased.
The judge removed 11,000 shares held by Edda Wanjiru and directed the same revert back to the estate.
” To facilitate the distribution of land assets whose tittle documents have been misplaced or lost i order the cancellation of such transactions and direct chief land registrar to issue new tittles” he said.
The court directed that the matter be mentioned after 90 days to confirm compliance.

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