October 5, 2024

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Simon Gicharu privately owned MKU fraudulent deal saw the Kenyan gov’t lose Ksh 600 million in tax payers money through kick-back

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Details have emerged of how a Kenyan educationist and businessman Simon Gicharu who enjoyed trappings of power in the former government of retired President Uhuru Kenyatta pocketed Ksh 1.2 billion in a fraudulent sale deal of his satellite campus, namely Mount Kenya University Turkana county branch to a government university in exchange for kickbacks.

Yesterday, the government through a gazette notice detailed how Mr Gicharu through his proxies in the Ministry of Education and Commission for University Education, the higher education regulator doubled the sale of its satellite campus and eventually sold it to Masinde Muliro University of Science and Technology for Sh 1.2 billion instead of Sh 600 millions.

Read also:https://www.newsline.co.ke/queries-raised-over-mku-getting-more-state-sponsored-students-over-other-varsities/

‘’The commission commenced investigations following a complaint that Masinde Muliro University of Science and Technology had purchased the Mount Kenya University Turkana campus at an exorbitant price of Ksh 1.2 billion yet the campus was valued at Ksh 600 millions,’’ the Kenya government gazette notice reads in part.

The government in its own admission admits that procurement procedure was not followed opening the lid on how Mr Simon Gicharu, the founder of Mount Kenya University together with his operatives benefited from stealing from tax payers coffers and walked scot free.

The fraudulent sale of Mount Kenya University Turkana campus was exposed by the deputy Vice-chancellor who accused the then vice-chancellor Prof.Fredrick Otieno of working with Mr Gicharu and government operatives to successfully execute on how to steal on the government in a campus that is now a shell leaving the university with multiple financial debts that has now pushed Masinde Muliro University of Science and Technology to imminent closure.

Read also:https://www.newsline.co.ke/revealedhow-mku-has-been-receiving-preferential-treatment-in-state-sponsored-students-placement-for-kickbacks/

To cover, their fraudulent deal, Prof Otieno would later die in a mysterious way leaving the government exposed on who to arraign in court with Mr Gicharu using his networks to cover the money trail yet he was the recipient of the fraudulent sale proceedings and was never charged in court.

Prof. Simon N. Gicharu on Twitter: "#MadarakaDay https://t.co/EN6U2khH5u" / Twitter

‘’Investigations revealed that procurement procedure was not followed. However, the person responsible for ensuring adherence was the accounting officer who was the vice-chancellor at the time Prof Fredrick Otieno who is deceased,’’ the gazette notice reads.

‘’That the vice-chancellor who would have been culpable for failing to adhere to the procurement law and regulations is deceased,’’ the gazette notice reads further.

Next week, we reveal the mystery death of the vice-chancellor, what the family thinks and who was paid what and who were key enablers in the whole fraudulent deal.

Source: https://www.vanguardnews.ug/how-simon-gicharu-fraudulent-deal-saw-the-kenyan-govt-lose-ksh-600-million-in-tax-payers-money-through-kick-backs/

Kenyan gazette attachment evidence