Time Raila Nearly Missed Out On Millions Due to Father's Blunder
Former Prime Minister Raila Odinga and his brother Oburu Odinga have had a rough experience in life including a time they nearly missed out on crucial funding to the tune of millions due to an apparent oversight by their father Jaramogi Oginga Odinga.
According to a report by The Standard in 2017, the two brothers had reportedly been denied a much-needed loan by the Agricultural Finance Corporation to develop a land parcel that their father had left them.
The major hurdle that arose from the case that ended up in court was that the land's title deed was written in the name of Ajuma Oginga Odinga yet the grant was coming in the name of Jaramogi Oginga Odinga.
The two brothers were the administrators of the estate at the time.
To make matters worse, time was running out for the family as the grant was only open for a maximum of 30 days. This prompted them to file a suit demanding that the issue be resolved through “an amendment of the grant of representation and certificate of confirmation.”
“The deceased’s estate badly requires the loan for development and improvement of some of the agricultural land constituting it,” argued their lawyer, Benjamin Aggrey Okuom, at the time.
While testifying in court over the matter, the two brothers claimed that they were not aware that their father had registered a different name on the title deed prior to his passing.
They further explained that they only learned about it after banks released the title deed as security for the loans he owed.
The 56-hectare (140 acres) land parcel in question was located in North Sakwa and had been bought by their father in 1973.
The two had reportedly been awarded a four percent stake each in their father's properties.
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