Trouble brewing in Njenga Karume’s multi-billion-shilling empire

The late Njenga Karume. A mega property battle is brewing between some of the children of the late billionaire businessman and veteran politician and members of the trust he formed to oversee his vast estate. FILE PHOTO | NATION MEDIA GROUP 

In Summary

• The battle is exposing what has been described in court documents as “mismanagement and vandalism” of the estate allegedly executed by the trustees in whose hands Mr Karume left his multi-billion-shilling properties spread across the country from Nairobi to Kiambu, and Nakuru to Mombasa.
• Mr Karume, a former Cabinet minister who died in 2012, initially wrote a will dated February 19, 2009, which he revoked and replaced with a new one where he formed a trust in June 2011, about eight months before he died.
  

By MUGUMO MUNENE
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A mega property battle is brewing between some of the children of the late billionaire businessman and veteran politician Njenga Karume and members of the trust he formed to oversee his vast estate.

The battle is exposing what has been described in court documents as “mismanagement and vandalism” of the estate allegedly executed by the trustees in whose hands Mr Karume left his multi-billion-shilling properties spread across the country from Nairobi to Kiambu, and Nakuru to Mombasa.

Mr Karume, a former Cabinet minister who died in 2012, initially wrote a will dated February 19, 2009, which he revoked and replaced with a new one where he formed a trust in June 2011, about eight months before he died.

Read full story in the Sunday Nation newspaper