Sharp Daily
No Result
View All Result
Friday, December 19, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Kabogo denies drug allegations and addresses Mercy Keino case

Teresiah Ngio by Teresiah Ngio
January 15, 2025
in News
Reading Time: 1 min read

ICT and Digital Economy Cabinet Secretary nominee William Kabogo confirmed his billionaire status during his vetting by the National Assembly Committee on Appointments on January 14. Kabogo, the former Kiambu Governor, revealed his net worth as KES 3.01 billion, detailing a diversified portfolio of assets.

His wealth includes residential properties valued at KES 700 million, movable assets worth KES 40 million, land and farms totaling KES 756 million, and cash and current assets amounting to KES 64 million. Kabogo also holds shares and interests worth KES 1.5 billion. “In total, I am worth KES 3.01 billion,” he stated during the session.

Kabogo also addressed his past ownership of a helicopter, which he sold after reduced usage. “I had one chopper at some point; when I couldn’t fly it as much, I decided to let it go,” he explained.

The nominee was questioned about past controversies, including allegations of involvement in the narcotics trade. Kabogo firmly denied these claims, stating, “I have never dealt with drugs of any kind all my life.” He added that a police investigation had cleared him of any wrongdoing, with the findings presented in Parliament.

RELATEDPOSTS

Parliament to vet EACC CEO nominee Abdi Ahmed Mohamud

November 27, 2024

EACC unveils NHIF discrepancies: Uncertainty looms for employees as they await rigorous vetting

March 6, 2024

Regarding the 2011 death of Mercy Keino, Kabogo denied any involvement, emphasizing that he was cleared by an inquest. “I was cleared of wrongdoing in the inquest into the death of Mercy Keino,” he said, referring to the findings delivered at the Kehancha Law Courts in Migori County.

Previous Post

The impact of Artificial Intelligence in Kenya’s Job Market

Next Post

Kenya to allocate KES 1.82 billion for cryptocurrency regulation

Teresiah Ngio

Teresiah Ngio

Related Posts

News

The role of Central Bank in stabilizing economies during financial crisis

December 18, 2025
News

The Importance of financial literacy in managing personal finances

December 18, 2025
News

Understanding inflation and what it means for consumers and businesses

December 18, 2025
Analysis

Starlink direct-to-Cell expansion to transform mobile connectivity in Kenya and Africa

December 18, 2025
Diageo to sell 65% EABL stake to Asahi in Sh297bn Deal
Business

Diageo plans to sell majority EABL stake to Asahi in Sh297 billion deal

December 18, 2025
News

Why markets turn before the economy does

December 18, 2025

LATEST STORIES

Policy fixes to bring small investors back into property funds

December 18, 2025

The role of Central Bank in stabilizing economies during financial crisis

December 18, 2025

The Importance of financial literacy in managing personal finances

December 18, 2025

Understanding inflation and what it means for consumers and businesses

December 18, 2025

Starlink direct-to-Cell expansion to transform mobile connectivity in Kenya and Africa

December 18, 2025
Diageo to sell 65% EABL stake to Asahi in Sh297bn Deal

Diageo plans to sell majority EABL stake to Asahi in Sh297 billion deal

December 18, 2025

Why markets turn before the economy does

December 18, 2025

The structural role of diversification in contemporary portfolio construction

December 18, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024