In his affidavit, he said that he gave Mr Biwott, the money on diverse dates without indicating what the money was intended for. The same year on December 11, he gave him Sh35 million at an interest rate of 30 per cent. BIWOTT'S ASSETSMr Kiprono has identified a number of assets belonging to Mr Biwott he said should be preserved until the case is fully determined. Although he is demanding Sh6.7 billion, Mr Kiprono indicated that the net value of Mr Biwott upon his death was Sh1.4 billion. In a replying affidavit by the executors, they questioned why Mr Kiprono had not attempted to recover the money when Mr Biwott was still alive.
Source: Daily Nation March 06, 2019 09:11 UTC