POLITICS

Sonko claims he’s worth more than Nairobi’s Sh32 billion annual budget

Share
Nairobi Governor Mike Sonko. He has today suffered the same fate as his victims.
Share

Nairobi Governor Mike Sonko has claimed his net worth is more than his county’s Ksh32 billion annual budget.

Speaking to NTV’s Ken Mijungu during the Sidebar interview show on Tuesday night, the flamboyant governor used the wealth claim to defend himself from claims of misappropriation of public funds that have dodged his administration this year.

“I’m worth more than the annual budget of Nairobi and I’ve got some fixed deposit accounts about Ksh500 million in different banks. I have built my wealth from way back even before when I became an MP,” said the governor “I don’t have to announce where I break my bread from,”

The governor known to defy the norm at times, went to extreme lengths to prove his point brandishing a mountain of tittle deeds and vehicle logbooks whose total value he said dwarfs the annual budget of Nairobi.

On April 2, the governor had to come out to defend himself amid accusations that he has been operating a Ksh96 million ‘confidential account’ since his election.

{Read: Sh100 million counterfeit goods seized in one month}

This was after a county assembly oversight committee put him to task over the secret account after an auditor general report punched holes allocation of public funds by the governor.

Before he revamped his image in the build up to the 2017 general election, Sonko was known to splash the cash and is also known to dish out handouts to his supporters.

{See also: First most accessible online forex trading platform unveiled}

Recently, a video doing rounds on social media showed the governor buying his wife a Ksh4.3 million  Versace chain at jewelry store in Dubai.

https://www.youtube.com/watch?v=B2FAsY4kUsQ

 

WHAT YOU NEED TO KNOW IN POLITICS

FOLLOW US ON SOCIAL MEDIA

Related Articles
Prime Cabinet Secretary and Cabinet Secretary for Foreign & Diaspora Affairs
FEATURED STORY

Inside Kenya’s 60 Years of Diplomatic Journey

Kenya is set to commemorate 60 years of diplomacy this week starting...

Aquila East Africa
MEDIANEWS

Kenyan Communications Firm Aquila Expands into Rwanda, Uganda

Aquila East Africa, a leading Kenyan integrated communications firm has expanded into...

Live Mobile Sports Betting in Africa
SMART MONEY

The Rise of Live Mobile Sports Betting in Africa

With mobile phone penetration increasing at an unprecedented rate and internet connectivity...

BUSINESS

Bolt Invests Sh14 Billion to Tackle Most Complex Challenge in Ride-Hailing

Bolt will commit Ksh14 billion over three years to support raising awareness...