14 March 2014

Kenyan Tycoon Returns Public Property to Govt Worth $18.5 Million

Mombasa businessman Rashid Sajaad on Thursday (March 13th) surrendered to the Kenyan government public land worth 1.6 billion shillings ($18.5 million) that was acquired irregularly, Kenya's Daily Nation reported.

Sajaad conceded defeat after years of court battles, handing back 18 title deeds for the properties -- including Uhuru Gardens, Bamburi Beach, Mvita Clinic and Buxton Garden -- to Mombasa Governor Ali Hassan Joho and the Ethics and Anti-Corruption Commission (EACC).

The land had been sold by the defunct Mombasa Municipal Council despite having being set aside for public recreation, bus parks, municipal council parking, ferry services, public schools, prisons and clinics. Sajaad's concession followed repeated attempts by the EACC to repossess the land.

Upon receiving the title deeds, Joho said it marked the start of a campaign to repossess all illegally acquired public land in the county. "The days of impunity and corruption in this county are long gone," he said.

EACC Chief Executive Officer Halakhe Waqo commended Sajaad for coming forward and negotiating a settlement of the court cases.

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