Connect with us

News

Real Estate Firm on the limelight again over Land Saga

Published

on

Real Estate firm NACHU has been accused of acquiring a land without title deed in Sasini and carrying out activities from unsuspecting clients.

This is a second time the firm is finding itself in trouble after the CEO John Mbugua Ndichu was arrested after failing to appear in court to answer the charges of carrying out developments without permission.

The company is now being accused of carrying out what could be suspected as Money laundering.

In the charge sheet before the court, Mbugua was accused of carrying out land subdivision as an agent of Riverline ridges without development permission from the county government of Kiambu.
He is alleged to have committed the offense on May 17 at around 1600hrs at the Mugotha area in Juja.

Cases of Money Laundering have now been rampant and the president has promised to ensure it is done away with.

Kenyans have been accused of creating fake email accounts which they use to hack credit cards of innocent persons, especially those living in foreign countries, and use them to buy bitcoins which are then converted to Kenyan currency and buy property with in Kenya.

Journalist/PR Practitioner who seeks to tell the African stories in an African way. Be it on Politics, Sports, Business, and Current News the story will be told. Twitter @kmajangah

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Email: info@bizwatchkenya.com Contact: 0735614854 - Would you like to be a contributing writer? email info@bizwatchkenya.com