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SportPesa Billionaire’s Mansion, Farms Go Under The Hammer

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A number of properties belonging to billionaire entrepreneur and SportPesa shareholder Paul Wanderi Ndung’u have been listed for auction. Among them are a prime residential property in Gigiri, Nairobi as well as farms in Laikipia.

Sitting on 2.8 acres in the diplomatic hub near the United Nations office, the two-storey four-bedroom Gigiri house serves as an office and also includes a single-storey servant’s quarter block, carport and external kitchen.

The property has been listed for auction by Garam Auctioneers. The auction is scheduled for March 21.

“All that parcel of land known as L.R. No. 7258/52 (I.R. No.22387) Gigiri Estate, Nairobi City registered in the name of Paul Wanderi Ndung’u g/t Simba Fresh Produce Limited,” the notice confirmed.

Also listed are three adjacent commercial farms in Solio Ranch, Laikipia associated with Simba Fresh Produce – the firm listed alongside Ndung’u in the Gigiri auction. The auction will be held on March 24.

READ>Contract Breach? SportPesa Protests Ksh79M Yanga-Haier Deal

The 600-acre parcel grows fresh vegetables, avocados, sorghum and fodder grass. It also includes an administration block and pack house, permanent store – inputs, workers’ quarters, semi-permanent store, garage shed, filed ablution blocks, and animal closures. Other infrastructures include boreholes, pump houses, solar panels stand, water towers, field holding sheds, and two dams.

“All those parcels of land known as L.R. Nos. 11571/42 (I.R. 113227/8); 11571/43 (I.R. 113227/9), and 11571/44 (I.R. 113227/10) Simba Fresh Produce Farm, Solio Ranch, Laikipia County registered in the name of Homes and Commercial Holdings Limited g/t Simba Fresh Produce Limited,” Garam noted.

The listing comes even as Ndung’u continues to fight it out in the courts with SportPesa shareholders whom he fell out with. Ndung’u and Asenath Wachira Maina have protested being pushed out and the transfer of the SportPesa brand to Milestone Games, a company associated with SportPesa CEO Ronald Karauri.

READ MORE>Karauri’s Fight for Billion-Dollar SportPesa Brand

 

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Biodigester Kenya

That is an expensive fallout between the Sportpesa gurus!