Grand Regency Scandal

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.

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.

[5] The sole member of Parliament to vote against the motion of censure was PNU-allied vice-president Kalonzo Musyoka, whose own presidential ambitions stands to improve with the divisions within the Kikuyu ethnic block of PNU, giving him a motive to support Kimunya.

The committee, headed by PNU-affiliated attorney general Amos Wako, called for the resignation or dismissal of Kimunya, as well as National Intelligence Services, Maj-Gen Michael Gichangi, Central Bank governor Njuguna Ndung'u and the secretary to the board of directors at the CBK.

[8] In response to a query by Joseph Lekuton, on 16 December 2008, Orwa Ojode the Assistant Minister for Provincial Administration and Internal Security confirmed to parliament that the commission had cost the Kenya Government Kshs 51,224,990.