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Kenya hotel sale is 'mafia-like'

2008-06-29 20:25

Nairobi - Corruption watchdogs and senior politicians rounded on Kenyan Finance Minister Amos Kimunya on Sunday over the sale of a luxury Nairobi hotel to Libyan investors in a deal they said had the whiff of scandal.

Some called for the resignation of Kimunya - at the helm of east Africa's largest economy since 2006 - after he announced on Friday the Grand Regency went for 2.9 billion Kenya shillings ($45m) in a government-to-government deal.

"The price is laughable. It cannot meet the cost of the soft furnishings alone," fellow minister Mutula Kilonzo, who runs the Nairobi Metropolitan portfolio, told local media.

"The country has been cheated, and you can give this corruption another name worse than Goldenberg."

The hotel, owned by a Kenyan tycoon accused of being the architect of the so-called Goldenberg scandal that nearly sunk Kenya's economy in the 1990s, was viewed by many Kenyans as a symbol of the graft bedevilling their nation.

Kamlesh Pattni, who was tried but never convicted despite multiple probes into the siphoning of some $1bn of public funds over bogus diamond and gold export, handed the five-star, multi-storey hotel to the central bank earlier this year.

Media speculated that the move had won him immunity.

Too 'sweet' an offer

Kimunya, who told Parliament last week the hotel's sale would be public, said in his statement on Friday that authorities received too "sweet" an offer to refuse from the Libyans. He did not name the buyers.

Critics accused Kimunya of under-valuing the hotel, which went for about 4 billion shillings when Pattni bought it in 1994.

They also criticised Kimunya for the secret nature of the sale, rather than a public tender.

"The cycle of impunity that allows public officers to act as if Kenya is a nation without law must be broken," said local anti-corruption watchdog the Mars Group.

It called for the resignation of Kimunya, Attorney General Amos Wako, Central Bank governor Njuguna Ndung'u and the head of the Kenya Anti Corruption Commission Aaron Ringera.

Sale was 'mafia-like'

Lands Minister James Orengo said the sale was "mafia-like".

Legislator Gitobu Imanyara said he would present a motion in Parliament to censure Kimunya over what he termed "utter contempt of parliament".

Kimunya could not be reached by Reuters for comment.

But he was quoted in the Sunday Nation as saying he should be applauded for finally bringing money into public coffers from the controversial hotel.

- Reuters

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