‘No new assets,’ Tourism CS nominee Rebecca Miano says as net worth increases by Ksh.47M

Rebecca Miano, the Tourism Cabinet Secretary (CS) nominee, has revealed her present net worth to be Ksh.444 million.

This marks a Ksh.47 million increase from the Ksh.397 million she declared in 2022 when she was being vetted for the for East Africa Community, Arid and Semi-Arid Lands Development docket, a position she only held for a year before being moved to the Trade ministry.

Appearing before the National Assembly's Committee on Appointments for vetting on Saturday, Miano however noted that she had not acquired any new assets since 2022, instead highlighting that her properties' value had appreciated during the period.

"I have not increased the assets, what I have done is to modestly revalue the properties, taking into account the appreciation. It is unrealised but it is an effect of valuation to be on the reasonable side of things," she said.

In 2022, Miano told the same committee that her net worth had been acquired through investments in property in her 30-year career and ownership of two houses, one in Nairobi and the other in Nyahururu.

“My financial net worth is Ksh.397 million. I have a house in Nairobi, another back at home in Nairobi and the rest are properties we (together with husband) have acquired over the last 30 years and what I have shown now, the value is the current market value that has appreciated over time,” she said then.

The lawyer went on to disclose that she also owns three motor vehicles.