How Kenyattas got deal to build police houses after Ruto lost lease deal

Matiny Limited is a company that is owned by Deputy President William Ruto. This company mainly deals with real estate and hospitality. It was incorporated in 1996.

Since 2015, this company had been leasing 170 apartments to the National Police Service. From these leases, the firm is reported to have raked in millions in cash.

In 2018 though, Ruto’s Matiny Limited lost this lucrative leasing deal with the National Police Service. The company was one of the over 100 companies that received notice from the National Police Service about the termination of the house leasing deal.

The National Police Service said that it was making a policy shift, and instead of leasing the houses, it would provide house allowance for some officers and build apartments for other officers.

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According to a report on businesses owned by the deputy president that appeared in the Daily Nation, the Kenyatta family’s real estate business Koto Housing, was one of the companies that got the lucrative deal to build police houses.

In December 2021, the Kenyattas Koto business completed the construction of some 60 modern units for police officers in Narok town. The 60 unit houses consist of 48 bed-sitters and 12 two-bedroom units complete modernized amenities.

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On its official website, Koto Housing describes itself as a fully owned Kenyan company which was established in 2014 as a provider of affordable housing and building solutions using alternative building technology. It adds that Koto Housing Kenya is a licensee of KOTO CORP (Malaysia).

Koto is currently setting up multi-billion apartments in Kamulu and Migosi for the National Police Service. At one point President Uhuru’s younger sister Nyokabi Muthama was listed as the executive director of Koto Housing.

On the other hand, Matiny Limited’s current shareholders are Ruto’s wife Rachel and daughter Charlene Chelagat. Rachel owns six shares and Charlene owns one share. Rachel then doubles up as the company’s secretary.