Billionaire who Shook Kibaki's Government Dies

Chamanlal Kamani, a billionaire involved in the biggest scandal during the reign of former President Mwai Kibaki, has died.

Kamani and his sons were the main suspects in the Ksh55 billion Anglo Leasing infamy, the scandal that remains a stubborn stain on Kibaki's legacy.

His death on Monday, September 23, shut the door on the unknown details of the scandal as he never got the opportunity to tell his side of the story.

Chamanlal's companies were paid billions of shillings even though he did not render any services or deliver any goods in the scandal that almost brought down the government.

It is estimated that the family received Ksh18 billion of the money in shady deals involving procurement of several contracts in the Interior ministry.

His death is a big blow to the National treasury as it was in the process of seeking to recover Ksh3.83 billion from him.

In 2016, he was charged alongside his two sons Deepak Kamani and Rashmi Kamani with five counts of conspiracy to commit an economic crime and fraudulent acquisition of public resources totaling Ksh10.4 billion for services not provided.

The offences, committed between July 2003 and June 2004, also enlist three companies said to have benefited from huge payments in Anglo-leasing contracts designed to provide modernised security surveillance systems for the police force.

The Kamani family patriarch died at the age of 88 and was to be cremated at the Kariokor crematorium on Wednesday, September 25 at 2 p.m.

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