Sharp Daily
No Result
View All Result
Sunday, April 12, 2026
  • 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

Teleposta Pension Scheme wins legal battle over disputed Thika Town parcel

Editor SharpDaily by Editor SharpDaily
November 21, 2023
in News
Reading Time: 2 mins read

The Environment and Land Court has awarded ownership of a disputed Thika town parcel to the Teleposta Pension Scheme, concluding a legal battle spanning over two decades.

Presided over by Judge JG Kemei, the proceedings deemed the previous allocation and issuance of the title deed to Vicky Khadaka Liyai as fraudulent, illegal, and null and void.

Read more: Network International appoints Mpho Sadiki as Group Managing Director for merchant solutions in Africa

The contested land, initially allocated to the now-defunct Kenya Post and Telecommunications Corporation (KPTC), had been under the active possession of the corporation for over 70 years. KPTC had developed houses on the land for its staff in the 1950s, which have been occupied by its members since then. The court’s decision provides significant relief to the Teleposta Pension Scheme, the inheritor of the land following KPTC’s dissolution.

RELATEDPOSTS

Overvalued Assets Cost Property Firms Sh534 Million in NCBA Court Win

March 3, 2026

Kenya’s residential Real Estate in 2025: Resilient performance and a measured outlook for 2026

January 9, 2026

The fraudulent nature of the land allocation emerged when Liyai, holding a title deed obtained through a purchase from Cyrus Mr. Gichinga, claimed ownership. He alleged to have acquired the land in 1999 from Mr. Gichinga, who had reportedly received it from Alexander Imbayi, Liyai’s brother.

However, the court discovered inconsistencies and illegalities in the allocation process, including a letter authored by Liyai in 1996, when she was still an employee of the Department of Physical Planning in Thika, falsely stating that the land was vacant and available for alienation.

The Teleposta Pension Scheme, established in 1999 to manage pension benefits for former KPTC employees, has faced numerous legal battles to reclaim its real estate assets lost due to fraudulent activities. The National Land Commission had ordered the disputed title’s cancellation in 2017, but the process had stalled until the recent court ruling.

The court’s decision to annul Liyai’s title deed and issue a new one in favor of the Teleposta Pension Scheme establishes a precedent in addressing fraudulent land acquisitions in Kenya.

Read more: Dhamana receives USD 10 million equity investment from AfDB

This ruling emphasizes the judiciary’s role in safeguarding legitimate property rights and rectifying historical injustices in land ownership, especially for institutional entities like pension schemes. It also underscores the complexities and legal intricacies involved in real estate ownership in Kenya, particularly for parcels with a long history and multiple claimants.

Email your news TIPS to sharpdailyke@gmail.com

Previous Post

Network International appoints Mpho Sadiki as Group Managing Director for merchant solutions in Africa

Next Post

Kenyan enterprises highlight ICT and Green Competence as key skills in new survey

Editor SharpDaily

Editor SharpDaily

The latest in business, real estate, education, investments, tech and entrepreneurship, brought to you daily. Reach us through thesharpdaily@gmail.com

Related Posts

News

Betting on cities: Why Africa’s urban growth Is becoming an investor magnet

April 10, 2026
News

Kenya’s Private Sector Credit Hits Record High as Lending Growth Accelerates on Easing Cycle

April 10, 2026
Single red percent symbol among many dollars
News

Why the Central Bank of Kenya chose to hold rates

April 10, 2026
News

Kenyan Shilling Stability in 2025 Amid Global Uncertainty and Dollar Demand

April 10, 2026
News

Kenyan Telcos lose Sh354 million as SMS revenues decline amid digital shift

April 10, 2026
News

AI Regulation surge reshapes global tech landscape amid rapid innovation

April 10, 2026

LATEST STORIES

Betting on cities: Why Africa’s urban growth Is becoming an investor magnet

April 10, 2026

Kenya’s Private Sector Credit Hits Record High as Lending Growth Accelerates on Easing Cycle

April 10, 2026

The case for early pension planning

April 10, 2026
Single red percent symbol among many dollars

Why the Central Bank of Kenya chose to hold rates

April 10, 2026

Kenyan Shilling Stability in 2025 Amid Global Uncertainty and Dollar Demand

April 10, 2026

How Kenyan SMEs Can Shift from Activity to Value Creation

April 10, 2026

Understanding Pension Schemes Investments in Kenya

April 10, 2026

Kenyan Telcos lose Sh354 million as SMS revenues decline amid digital shift

April 10, 2026
  • 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