Among the assets Mr Moi passed on to Gideon are the Siginon Group, the Standard Group, Moi High School Kabarak, Moi Educational Centre, Sacho High School and Kiptagich Tea Estates. Not many Kenyans would believe that Mr Moi would have at any point had liquidity struggles, having made billions of shillings during his 24-year reign. EIGHT CHILDRENAmong the assets Mr Moi passed on to Gideon are the Siginon Group, the Standard Group, Moi High School Kabarak, Moi Educational Centre, Sacho High School and Kiptagich Tea Estates. Similarly, Mr Moi owned a stake in Transnational Bank through Sovereign Trust Limited, which is owned by Sovereign Group Limited (99.99 per cent) and Ruby Trust Limited (0.1 per cent). This means there is an ownership loop between Sovereign Group Limited, Sovereign Trust Limited and Ruby Trust Limited that makes it difficult to know the actual individuals behind the three firms.

Source: Daily Nation August 01, 2020 07:52 UTC