A meeting of the company was convened in 2007 and some people purported to remove Mr Kibaki, Kimwatu Kanyungu and other shareholders from office,” lawyer Kuria said. The court heard that Kibaki and his team including his brother Samuel Githinji acquired the protracted property, situated in Nyeri town, and were registered as the first shareholders and directors of the company. The court heard that the original founders of the company are deceased and only Mr Kibaki and Mr Kanyungu are alive. Mr Kuria told court that the new shareholders flouted procedures set out in Articles of Association and the Company’s laws. The court heard that all members of the company except President Kibaki, who was not actively involved in management, knew about the sale and transfer of the company’s shares to the new shareholders.

Source: Daily Nation February 06, 2018 11:03 UTC