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Part of Mbiyu Koinage's Sh50 billion estate to be shared equally, rules judge

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 Mbiyu Koinange.

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A judge has ordered that half of the late Cabinet Minister Mbiyu Koinange’s estate estimated at over Sh50 billion be sold and the proceeds shared equally among his beneficiaries.

In the landmark decision that settled one of the oldest family disputes in the country, Justice Aggrey Muchelule ruled that all of Koinange’s 10 children and his two widows had an equal stake in his properties spread across Kenya and that the remaining portion be distributed among them.

Among the properties the judge ordered sold are thousands of acres of land and properties in Nairobi, Mombasa, Nakuru, Narok and Kiambu as well as shares in several companies worth billions of shillings, which would be sold and the money shared equally among the dependants.

The judgement ended the decades-old agonising fight between Koinange’s children from his first and second wives in a battle that pitted them against their late father’s third and fourth wives.

READ ALSO: How William Ole Ntimama shared out Sh2 billion wealth among family

Win for children

The judge’s decision was a win for the children who demanded that the properties be distributed to each individual as opposed to their step-mothers, Margaret Njeri and Eddah Wanjiru, who wanted the estate divided into four equal portions and distributed to Koinange’s four houses.

“The children of the deceased have equal worth, irrespective of their sex or marital status. Although I appreciate the special place of widows, the law states that a polygamous man’s estate be divided among the houses according to the number of children,” ruled the judge.

In distributing the estate, the judge gave preference to where the dependants have been staying and settled to preserve their developments, ruling that it would be unfair to have them evicted to re-distribute the estate.

 Mbiyu Koinange in 1969.

“The beneficiaries have extensively developed the portions they respectively occupy or have leased to third parties who have done extensive development. This would make the actual sharing on the ground a painful and messy exercise,” ruled Muchelule.

READ ALSO: I go broke sometimes-Jeff Koinange's untold story

Biggest fight

The family’s biggest fight was for the 246-acre Closeburn Estate in Runda valued at Sh20 billion and the family wanted it distributed equally but Muchelule said it would be unfair to evict those who had already developed some portions.

He directed that Koinange’s children Lennah Koinange, Florence Koinange, Barbara Koinange, Issac Njunu, Solomon Kihara and David Waiganjo should all get 30 acres while their step-mothers, Eddah and Margaret, would each get 12 acres.

He ordered that 800 acres of Koinange’s Muthera Farm, 10 acres of Ehothia Farm and another five acres be sold and the proceeds used to offset the family’s debts and the rest be shared equally among the 12 beneficiaries.

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