'I'm worth Ksh.95.3 million,' ICT CS nominee Dr. Margaret Ndung'u reveals

'I'm worth Ksh.95.3 million,' ICT CS nominee Dr. Margaret Ndung'u reveals

ICT CS nominee Dr. Margaret Ndung'u appears before Parliament's Committee on Appointments for vetting on August 2, 2024.

ICT Cabinet Secretary nominee Dr. Margaret Nyambura Ndung'u has disclosed her net worth as Ksh.95.3 million.

Speaking on Friday when she appeared before the National Assembly's Committee on Appointments for vetting, Dr. Ndung'u highlighted that her financial portfolio comprises a diverse array of movable and immovable assets.

"My net worth is Ksh.95,323,000," she told the committee, said that this comprises both movable and unmovable assets.

"My net worth comprises movable assets worth Ksh.5.5 million in the form of a car and immovable assets worth Ksh.54 million in the form of houses and land, Treasury bills and bonds worth Ksh.25.6 million, Sacco shares worth Ksh.1 million and cash deposits worth Ksh.11.5 million.”

Dr. Ndung'u was the last CS nominee to be vetted by the committee on the second day of the exercise after Dr. Andrew Mwihia Karanja (Agriculture), Aden Duale (Environment), Eric Muuga (Water) and Davis Chirchir (Transport).

John Mbadi (Treasury), Salim Mvurya (Trade), Rebecca Miano (Tourism), Opiyo Wandayi (Energy) and Kipchumba Murkomen will be vetted on Saturday.

The final day will see Ali Hassan Joho (Mining and Blue Economy), Alfred Mutua (Labour), Wycliffe Oparanya (Co-ooperatives and MSMEs), Justin Muturi (Public Service) and Stella Lang'at (Gender) undergo the vetting exercise. 

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