Gachagua Defends Companies Against Money Laundering Allegations, Provides Detailed Responses

Date: 2024-10-08
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Deputy President Rigathi Gachagua has provided detailed responses to allegations surrounding 22 companies accused of involvement in money laundering, corruption, and influence peddling. Addressing the claims, Gachagua aimed to clarify the operations of each company and refute any recent involvement in improper dealings with the government.


Breakdown of Gachagua's Explanations

  1. Delta Merchants Limited: Gachagua stated that this company has not been active for the past ten years, emphasizing that it has not engaged in any trading activities during his time as Deputy President.


  2. Wamunyoro Investments: He described this entity, incorporated in 2001, as a property holding company, stressing its focus on managing real estate rather than active trading.


  3. Cosmere Venture Limited: Registered in 2018, Gachagua highlighted that this company has not conducted any business with the government since his appointment as Deputy President.


  4. Royal Crimson Ventures Limited: Gachagua noted that this company, incorporated in 2018, has only recorded transactions amounting to Ksh1,595,490 since its establishment.


  5. Kuruwitu Properties Limited: Established in 2023, this company is linked to the management of the estate of the late Nderitu Gachagua, according to the Deputy President.


  6. Crystal Kenya Limited: Gachagua explained that this firm was incorporated in 2009 and is now managed by his sons, who acquired Outspan Hotel and Tree Tops Hotel through loans.


  7. Heartland Supplies Limited: This company, incorporated in 2009, has reportedly not engaged in any trading activities over the last decade.


  8. Karandi Farm Limited: Founded in 2001, this company operates a dairy farm, and Gachagua emphasized its agricultural focus.


  9. Technofield Supplies and Services (K) Limited: Registered in 2009, Gachagua mentioned that this company has been inactive for the past ten years, refuting claims of recent government dealings.


Gachagua's Effort to Dispel Allegations


Throughout the thread of explanations, Deputy President Gachagua consistently denied any recent financial misconduct, highlighting the inactive status of several companies and providing details on those that remain operational. He aimed to counter accusations of corruption and financial impropriety, framing his businesses as legitimate entities operating within the bounds of the law.


The response comes as part of Gachagua’s broader defense against allegations of financial wrongdoing and influence peddling, which have put him at the center of a heated political and legal battle. His detailed breakdown is intended to clarify the role and operations of each of the 22 companies mentioned in the accusations.


A Defensive Strategy

As the Deputy President prepares to face MPs debating his possible impeachment, his public statements about the businesses serve as a key part of his defense strategy. With Parliament set to vote on the motion, Gachagua's explanations are an attempt to rebuild his image amid the swirling allegations.


The full implications of these statements and the MPs' response to the explanations will be revealed in the coming days, as the political and legal tensions surrounding Gachagua’s role continue to escalate.

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