Nakuru tycoon's family tussel over Sh 50bn estate - Latest Updates

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Tuesday, October 6, 2020

Nakuru tycoon's family tussel over Sh 50bn estate


The late Nakuru business mogul Steven Kung'u's family has moved to the High court contesting over his property estimated to be worth more than Sh51 billion. The contentious property are mostly in form of land, buildings and cash in bank accounts.

 Kung'u died on April 6, 2014 without leaving a will of how his Sh50 billion estate would be shared. Kung'u was the proprietor of Hotel Kunste, Pivot Hotel in Nakuru and Monte Carlo club in Nairobi.

The businessman's daughters are embroiled in a legal battle with their step mother over the multi billion shilling estate.

In 2015, Naomi Wambui, Rahab Wamucii and Bilha Wanjiku sued their step mother Grace Nyambura for attempting to lock them out of the deceased's  estate.

Nyambura's contention is that her step daughters never visited their father when he was ailing in Nairobi.

The fight for Kung'u's property began before he was laid to rest and the matter is yet to be resolved six years later.

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