In a web of deceit and betrayal, new allegations have emerged regarding the systematic theft of billions of shillings and property belonging to the late former Vice President George Saitoti.
The theft which involves several high-profile individuals, including lawyer Fred Ngatia, businessman Jimmi Wanjigi, former Interior Permanent Secretary (PS) Francis Kimemia, and former National Intelligence Service (NIS) Director Michael Gichangi.
These individuals are suspected of orchestrating an elaborate scheme that has left Saitoti’s widow, Margaret, and their son destitute.
Following Saitoti’s mysterious death, criminal elements allegedly exploited the ignorance of his widow.
According to sources, billions of shillings were wired into unknown foreign accounts days after his death.
This money was later redistributed among numerous offshore accounts controlled by the mentioned individuals.
It appears that Margaret Saitoti was unaware of the full extent of her husband’s wealth, making her an easy target for this calculated scheme.
Fred Ngatia, Saitoti’s long-serving lawyer and trustee, has been identified as a key figure in the heist.
The theft, according to insiders, could not have occurred without his involvement.
Ngatia, who was trusted with most of Saitoti’s wealth, allegedly conspired with Wanjigi, Kimemia, and Gichangi to divert these funds.
Nearly twelve years after Saitoti’s death, leaked.co.ke has revealed that Margaret Saitoti received a mere Kshs 84 million from Ngatia, a paltry sum compared to the billions that have been siphoned off.
These revelations have not only shocked the nation but have also exposed the deep-seated corruption that plagues the country’s political and legal systems.
Moreover, it has been reported that Saitoti’s massive campaign fund stash was looted.
His various local bank accounts, once brimming with wealth, were mysteriously emptied.
The same source close to the investigation estimates that approximately Sh2 billion disappeared without a trace.
These funds, which were meant to secure the family’s financial future, vanished into thin air, leaving the Saitoti family in financial ruin.
During legal proceedings, Gichangi is said to have used his government connections to declare that Kitengela Plaza, one of Saitoti’s most prized properties, was built on a road reserve.
This declaration led to the demolition of the property.
When Margaret sought Ngatia’s help to save the property, she was met with indifference, as Ngatia refused to assist her just months after Saitoti’s death.
Further investigations reveal that additional properties owned by Saitoti, but not listed in his will, also disappeared under suspicious circumstances.
Prime real estate in the United Kingdom and South Africa, which Saitoti’s family was desperate to control, is believed to have been appropriated by the same individuals involved in the financial theft.
The complicity of high-ranking government officials in this theft, including then-Interior PS Kimemia, has raised serious concerns.
Kimemia is reported to have provided protection as the stolen money was moved out of Saitoti’s accounts.
Meanwhile, Wanjigi and Professor Peter Kagwanja, identified as close confidants and trustees of Saitoti, played significant roles in the orchestration of this massive fraud.
The magnitude of this inside job highlights the vulnerabilities in Kenya’s systems of wealth management and inheritance.
It has also cast a long shadow over the legacies of those involved, raising questions about the integrity and trustworthiness of individuals who once held powerful positions.
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