The parliament has cleared the ministers recently appointed by President Uhuru Kenyatta. Among the items the new ministers present were their wealth declarations. Here – for the record – is the wealth of each of the new ministers also known as Cabinet Secretaries.
Mwangi Kiunjuri,Devolution Minister estimates his net worth to be Sh798 million as at December 2015, mainly from land and buildings in Nanyuki, Sagana and Nairobi. A former MP for Laikipia East, Kiunjuri served as an assistant minister in the Grand Coalition Government of Mwai Kibaki and Raila Odinga.
Dr. Cleopa Mailu, Mailu, Health Minister, estimates his net worth to be Sh615 million as at this month. He was the Nairobi Hospital CEO until his nomination. His main source of income was Sh67 million salary from the Nairobi Hospital employment
Charles Keter, Energy and Petroleum Minister says he is worth Sh352.8 million. Mr Keter, the outgoing Kericho Senator, has served as MP for 14 years and was an assistant minister.
Sicily Kariuki, Minister for Public Service, estimates her wealth at Sh168.3 million, being income from investments, assets and salary. She was the Agriculture Principal Secretary before her nomination to become Youth and Gender Affairs,
Willy Bett, Agriculture, Livestock and Fisheries Minister estimated his wealth at Sh127.5 million. He was the Kenya Seed Company managing direct. Mr Bett made his wealth from employment at the Kitale-based seed company, farming and rental income.
Dan Kazungu, Minister for Mining put his net worth at Sh100 million. He was a manager at Computech Group and Fintech Group in charge of Microsoft products, channel development manager at Mustek Electronics based in Johannesburg, International Business Machines (IBM) country representative for Ethiopia and Kenya and East Africa regional manager for Lenovo Africa, based in Johannesburg. Mr Kazungu,has served as MP for Malindi,
Joe Mucheru, ICT minister put his wealth in the region of Sh500 million with a deferred income of Sh267 million.
Others who have recently declared their wealth include:
Bob Collymore CEO of Safaricom who earns close to Sh10 million monthly. Mr Collymore’s net worth of Sh277 million. Investment News carried a summary of his story.
Joshua Oigara of KCB whose salary is Sh4.9 million declare their wealth. Mr Oigara’s Sh220 million
Although ministers earn an average Sh1.2 million a month, but according to the Daily Nation, they own they own many times more than what the top earning CEOs earn.