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Sonko's Wealth Explained
Lolest!
#1 Posted : Tuesday, May 14, 2019 7:16:57 PM
Rank: Elder


Joined: 3/18/2011
Posts: 11,440
Location: Kianjokoma
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
sumuni
#2 Posted : Wednesday, May 15, 2019 3:28:44 AM
Rank: Member


Joined: 6/24/2007
Posts: 103
Location: Afrique
Lolest! wrote:

The pertinent question from Ken would have been, where did he get the resources to acquire all that land?? And please don't mention the matatu business that he was involved in. That was also a front.
It is a curious fact that of all the illusions that beset mankind, none is quite as curious as that tendency to suppose that we are mentally and morally superior to those who differ from us in opinion.
Lolest!
#3 Posted : Wednesday, May 15, 2019 3:54:02 AM
Rank: Elder


Joined: 3/18/2011
Posts: 11,440
Location: Kianjokoma
sumuni wrote:
Lolest! wrote:

The pertinent question from Ken would have been, where did he get the resources to acquire all that land?? And please don't mention the matatu business that he was involved in. That was also a front.

He's a funny character though he was here to defend himself against claims of stealing county funds as governor.

That other one for illegal activities like Panadol is hard to extricate
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
murchr
#4 Posted : Wednesday, May 15, 2019 1:42:38 PM
Rank: Elder


Joined: 2/26/2012
Posts: 14,388
sumuni wrote:
Lolest! wrote:

The pertinent question from Ken would have been, where did he get the resources to acquire all that land?? And please don't mention the matatu business that he was involved in. That was also a front.



His father! They bought and sold land at the coast in the 80s. The man has Mastercard the power of compounding.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Lolest!
#5 Posted : Wednesday, May 15, 2019 2:02:50 PM
Rank: Elder


Joined: 3/18/2011
Posts: 11,440
Location: Kianjokoma
murchr wrote:

His father! They bought and sold land at the coast in the 80s. The man has Mastercard the power of compounding.

Laughing out loudly Laughing out loudly From mtoto wa maskini to mtoto wa major land dealer

Guy had flats as a form 4, sijui rentals as a teenager
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
murchr
#6 Posted : Wednesday, May 15, 2019 3:42:08 PM
Rank: Elder


Joined: 2/26/2012
Posts: 14,388
Lolest! wrote:
murchr wrote:

His father! They bought and sold land at the coast in the 80s. The man has Mastercard the power of compounding.

Laughing out loudly Laughing out loudly From mtoto wa maskini to mtoto wa major land dealer

Guy had flats as a form 4, sijui rentals as a teenager


The father worked in the Ministry of Lands and had an thing about buying land in the coast. Taught the boy to fish. Trust me there are many who would love to fry Sonko if they had a speckle of dirt on him
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Rollout
#7 Posted : Thursday, May 16, 2019 7:02:37 PM
Rank: Member


Joined: 4/26/2011
Posts: 697
murchr wrote:
Lolest! wrote:
murchr wrote:

His father! They bought and sold land at the coast in the 80s. The man has Mastercard the power of compounding.

Laughing out loudly Laughing out loudly From mtoto wa maskini to mtoto wa major land dealer

Guy had flats as a form 4, sijui rentals as a teenager


The father worked in the Ministry of Lands and had an thing about buying land in the coast. Taught the boy to fish. Trust me there are many who would love to fry Sonko if they had a speckle of dirt on him


I have a back story about Sonko source of wealth from someone who was a driver for the rich and the powerful for the last 30 years. Sonko wealth came from a criminal enterprise which operates in Ministry of Lands and other Gov agencies. The enterprise target expiring land leases in coast and the rich suburbs of Nairobi. These leases which were 99y period and were held by mainly third generation white settlers began expiring in the 90s and continues to date. The holders of the lease who are white and third generation either don't know the process to renew the leases, or are frustrated by the system of criminals in the ministries or are not even in Kenya. The criminal enterprise through threats, intimidation or pended laws have been taking control of the expiring leases, transferring ownerships and disposing the properties. 1 acre in Karen goes for kshs 100 million. The cartel have taken control of thousands of acres of land in coast and Nairobi and have been selling them for the last 30 years. Sonko and other powerful people are at the top of the scheme.

I know a number of white families who experienced hell until they left, 2 lived in Karen and owned a huge property, went to college with the son and told me about multiple break ins, threats until they went on exile in South Africa, when they tried to sell their property it wasn't theirs anymore, new names etc. Another girl who was a "friend" back then lived in a huge property in Malindi same thing happened until the moved to UK.
Impunity
#8 Posted : Thursday, May 16, 2019 9:39:05 PM
Rank: Elder


Joined: 3/2/2009
Posts: 25,965
Location: Masada
Rollout wrote:
murchr wrote:
Lolest! wrote:
murchr wrote:

His father! They bought and sold land at the coast in the 80s. The man has Mastercard the power of compounding.

Laughing out loudly Laughing out loudly From mtoto wa maskini to mtoto wa major land dealer

Guy had flats as a form 4, sijui rentals as a teenager


The father worked in the Ministry of Lands and had an thing about buying land in the coast. Taught the boy to fish. Trust me there are many who would love to fry Sonko if they had a speckle of dirt on him


I have a back story about Sonko source of wealth from someone who was a driver for the rich and the powerful for the last 30 years. Sonko wealth came from a criminal enterprise which operates in Ministry of Lands and other Gov agencies. The enterprise target expiring land leases in coast and the rich suburbs of Nairobi. These leases which were 99y period and were held by mainly third generation white settlers began expiring in the 90s and continues to date. The holders of the lease who are white and third generation either don't know the process to renew the leases, or are frustrated by the system of criminals in the ministries or are not even in Kenya. The criminal enterprise through threats, intimidation or pended laws have been taking control of the expiring leases, transferring ownerships and disposing the properties. 1 acre in Karen goes for kshs 100 million. The cartel have taken control of thousands of acres of land in coast and Nairobi and have been selling them for the last 30 years. Sonko and other powerful people are at the top of the scheme.

I know a number of white families who experienced hell until they left, 2 lived in Karen and owned a huge property, went to college with the son and told me about multiple break ins, threats until they went on exile in South Africa, when they tried to sell their property it wasn't theirs anymore, new names etc. Another girl who was a "friend" back then lived in a huge property in Malindi same thing happened until the moved to UK.


Makes sense!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

murchr
#9 Posted : Thursday, May 16, 2019 9:55:34 PM
Rank: Elder


Joined: 2/26/2012
Posts: 14,388
Rollout wrote:
murchr wrote:
Lolest! wrote:
murchr wrote:

His father! They bought and sold land at the coast in the 80s. The man has Mastercard the power of compounding.

Laughing out loudly Laughing out loudly From mtoto wa maskini to mtoto wa major land dealer

Guy had flats as a form 4, sijui rentals as a teenager


The father worked in the Ministry of Lands and had an thing about buying land in the coast. Taught the boy to fish. Trust me there are many who would love to fry Sonko if they had a speckle of dirt on him


I have a back story about Sonko source of wealth from someone who was a driver for the rich and the powerful for the last 30 years. Sonko wealth came from a criminal enterprise which operates in Ministry of Lands and other Gov agencies. The enterprise target expiring land leases in coast and the rich suburbs of Nairobi. These leases which were 99y period and were held by mainly third generation white settlers began expiring in the 90s and continues to date. The holders of the lease who are white and third generation either don't know the process to renew the leases, or are frustrated by the system of criminals in the ministries or are not even in Kenya. The criminal enterprise through threats, intimidation or pended laws have been taking control of the expiring leases, transferring ownerships and disposing the properties. 1 acre in Karen goes for kshs 100 million. The cartel have taken control of thousands of acres of land in coast and Nairobi and have been selling them for the last 30 years. Sonko and other powerful people are at the top of the scheme.

I know a number of white families who experienced hell until they left, 2 lived in Karen and owned a huge property, went to college with the son and told me about multiple break ins, threats until they went on exile in South Africa, when they tried to sell their property it wasn't theirs anymore, new names etc. Another girl who was a "friend" back then lived in a huge property in Malindi same thing happened until the moved to UK.


If you own land and you don't know how to renew it, then you don't need it. It should rightfully go to the next person willing to invest.

But stories are just that stories
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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