Kiambu Investors risks losing Ksh 5B as family fight over property – Kenyan Business Feed

Godfrey Hinga, a son of the late businessman David Ndua Thuo, has asked the court to cancel all sales and developments on their family’s land under Wamikey Estate Limited.

The property is worth an estimated Sh5 billion deals in coffee farming in Thika within Kiambu County.

The family is currently embroiled in legal battles over their late parent’s estates.

Court Case

Early in March, Hinga, through his lawyer, Wangeci Akedi, filed the case under a certificate of urgency asking the court to stop his stepmother Virginia Waithera from illegally managing the property.

However, High Court judge Maureen Odero issued a temporary order stopping further sales and developments in the disputed property until the case is heard and determined.

The judge also said no orders were issued for preservation and granted an order of status quo thereby preventing further developments, sale, transfer and dealing, pending further orders of the court.

In his court documents, Hinga said Waithera has been illegally running and managing the family company known as Wamikey Estate Limited in Thika.

Hinga said, unless the court intervenes, they (family) shall continue to have conflicts.

He wants orders given in respect of the ongoing sale, developments and funds being collected by his stepmother Waithera.

Hinga also said his mother Alice Njeri, who is the first wife of his father, has since died leaving behind five children. Waithera, who is the second wife to his father, has seven children.

In the suit Waithera is listed as the second respondent.

The company Wamikey Estate Ltd is listed the first respondent as well as Waithera’s members of her family.

They include Thuo Ndua, Maina Ndua, Faith Wanjuku Ndua, Charles Mbugua Ndua, Joseph Kihanya Ndua, Mary Gacheri and Kennedy Ng’ang’a Ndua.

Illegal joint venture agreement’

Hinga said Waithera has illegally taken over the running and management of the company to the exclusion of the rest of the family and beneficiaries without any justifiable cause.

He is seeking court orders to restrain Heri Homes Ltd and Finsco Africa Ltd and or her agents/servants, employees or any person acting under her from the property.

Hinga said she should be prevented from selling, subdividing, leasing, constructing/developing or dealing in any other matter with the property described Wamikey Estate Ltd.

“Waithera has also entered into an illegal joint venture agreement with developers known as Heri Homes, Finsco Africa who are developing the property belonging to the estate and have named the development Legacy Ridges,” Hinga said.

He said the action by the respondents are illegal and pose a threat to the applicant’s share in the estate of his father Thuo.

SH5 Billion

Hinga said the property which is registered in the name of Wamikey Estate Ltd is a coffee farm measuring approximately 400 acres in Kamiti Corner, Kiambu county.

The property is fenced off by a developer who is currently selling the property for sale of residential units estimated to be worth more than Sh5 billion.

Kenyan Business Feed is the top Kenyan Business Blog. We share news from Kenya and across the region. To contact us with any alert, please email us to [email protected]

Comments