‘My financial net worth is Ksh.1.2B,’ Agriculture CS nominee Mithika Linturi reveals
Agriculture
and Livestock Development Cabinet Secretary nominee Mithika Linturi has
revealed that he is worth an estimated Ksh.1.2 billion, but is expecting to be worth over Ksh.2.2
billion in a year.
Linturi
made the declaration before the National Assembly’s Committee on
Appointments during vetting process on Friday, saying that his wealth comes from investments
in properties, ownership of vehicles, membership in Sacco groups and shares in
different companies.
“My
financial net worth, which includes my investments in various companies in this
country and other investments in Saccos, adds to the tune of Ksh.1.2 billion,”
Linturi said.
“The
movable asserts that I own includes properties that are developed, vehicles
available for my personal use and the number of shares I own in the various Sacco
institutions including the Parliamentary Sacco; directorship in different
companies where I am one of the largest shareholders, and all this total to the
tune of around Ksh.1.2 billion.”
The
former Meru Senator also noted that he is a farmer, focusing on livestock and
crop farming, from which he gets a substantial amount of income.
“My
current incomes are the money that I get out of rental income, out of businesses
that I do. I am a dairy farmer, I keep cows and goats, I do sukuma wiki, and
the amount of money I am expecting to get in the near future is beyond Ksh. I
billion,” he stated.
He went on to reveal that he expects to be
worth over Ksh.2.2 billion in a year after some of his debtors, including the
government and the Ethics and Anti-Corruption Commission (EACC) pay him back
for what he termed as wrongful prosecution.
“I have
court awards that I have been taxed and not been paid; one that I’m trying to
deal with is that EACC owes me money for wrongful prosecution. The other is the
government for failure to pay for works done and that is what contributes to
beyond a billion shillings,” he said.
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