Written By Lisa Murimi
The Jevanjee land title deed, intended for an affordable housing project in Nairobi, has stirred controversy after it unexpectedly surfaced at a major Kenyan bank, securing a Ksh1.9 billion loan.Â
Nairobi County leaders, questioning the title deed’s mysterious journey from county offices to the bank, fear potential misuse of taxpayers’ money.
Nairobi County Assembly Minority Leader Anthony Kirago expressed concerns over the matter, calling for transparency.
“We need explanations on how a title deed left the county, ended up in the bank, and was charged,” Kirago said, adding that the County Assembly will demand the bank to halt transactions on the property.
Initially, the plan was for a developer to fund the affordable housing units, with the county providing the land.
However, five years since the project’s approval, none of the 1,400 promised homes have been built, despite early sell-out claims.
Former Nairobi Governor Mike Sonko pointed to his predecessor, Evans Kidero, as responsible for the Public-Private Partnership that originally launched the project.
As suspicions grow, county officials have summoned the bank to clarify the process used to charge public land.