Nicholas Biwott, until his death was among the richest men in Kenya. The former minister’s wealth amounts to in excess of Ksh50 billion.
According to a reliable source, Biwott owns the following assets:
Name of Company | Ownership Structure |
Barsirim Investment | Biwott 100% |
Kipsinende Farm | Biwott 100% |
Rono Ltd | Biwott 100% |
National Milling Corporation | Seven shareholders including Moi and Kulei |
Yaya Centre (worth KSh 3.5 billion) | Biwott 100% |
HZ Group of Companies | Biwott 100% |
LZ Engineering | Biwott 100% |
Premier Group of Companies | Biwott 100% |
HZ Construction and Engineering | Biwott 100% |
Air Kenya Aviation Ltd | Biwott 100% |
Pete Aviation and Electronics Ltd | Biwott 100% |
Ziba Management & Services | Biwott 100% |
HZ Group of Companies, Israel | Biwott 100% |
Lima Kenya | Biwott 50% |
Air Kenya | Biwott 50% |
client material indicateds ownership of the following:
Name of Company | Ownership Structure |
Uhuru Highway Development Real Estate Company | No Information |
BIDCO | No Information |
A 10,000 hectare ranch in Australia | No Information |
Trinity Enterprises | Biwott, Moi. Corporate documentation indicates witness to signatures as M.H da Gama Rose |
Banque Belgolaise | Biwott 40%, Akber Esmail his nominee. Used in Trans-National Bank laundering system. ! |
Team Simoco | No Information |
source research indicates ownership of the following:
Name of Company | Ownership Structure |
Kenoil-Kobil (National chain of petrol stations) | Biwott controlled 17% of private oil industry in Kenya. |
Petrol Stations in Uganda | Operated through Kenol-Kobi! (worth KSh7 bil!ion) |
Westmont | An independent power producer company owned by Biwott and Harbinder Sethi Singh. |
Grand Diani Reef Hotel | Once placed under statutory receiver when hotel defaulted on KSh500 million loan acquired from Kenya Commercia! Bank (KCB) |
Regional Air | Newly formed company managed by Biwott’s son-in-law Charles Field-Marsham. Has a code-sharing arrangement with British Airways. |
H Young and Company | Steel manufacturers – one of largest in East Africa |
S.R Telecommunications Co. Ltd | Receives contracts from government-owned telecommunications monopoly company, Telkom Kenya |
Lima Ltd | One of the best-established agricultural machinery firms in Kenya. Owned jointly with powerful politicians and their families |
First American Bank | Merali, Biwott, James Kanyotu, Gideon |