Has David Langat fallen out with close buddy William Ruto? Langat business mega empire now faces auctioneers hammer
The corporate empire of billionaire David Langat was driven into uncharted terrain this week when auctioneers forced the sale of his Mombasa office buildings and Nandi tea estate in order to pay a local bank more than Sh2.1 billion in back debt.
This has puzzled many close observers of the Kenyan business and political landscape who are wondering if there is more to this than meets the eye.
The tycoon, who has always been a very close business associate of President William Ruto, is better known by his initials DL. He massed his wealth building an empire out of Mombasa and is well-versed in the real estate, agribusiness, hospitality, and energy industries, among others.
He has generally avoided the spotlight, but on Monday, his issues with auctioneers were known to the public for the first time.
When the press contacted him for comment, he shied away from providing specifics regarding the auction notice. Later he telephoned the Business Daily and stated, "I am going to give you all the specifics and inside information on the events and the inside story at the DL Koisagat tea company in Nandi county. But after that, he didn't answer his phone.
The implications here are obvious. It seems that there are serious intrigues that may have initially led him into deciding to expose his enemies but he may have later reached some form of settlement or maybe threatened. Hopefully time will reveal the truth behind this very intriguing development.
According to a source at Graham Investments, they expect to fetch Sh1.9 billion for the sizable tea estate in the forced auction scheduled for August 1 at the auctioneer's offices in Nairobi's Westlands neighborhood.
President William Ruto is thought to be very close with the millionaire. Langat was one of the leaders who accompanied the Head of State in March 2023 when he traveled to Kapsabet for prayers, but he has since then kept a quiet and very low profile.
The 1,342 acres of land, factories, and equipment that make up the Koisagat Tea group of firms are located in Nandi Hills. According to the auction announcement, the site has been created with a dedicated tea zone for the commercial growing of tea geared toward export.
A total of 2,47 million tea bushes covering 958.75 acres, 100,942 eucalyptus trees, and 2,223 cypress trees are also present on the estate.
Other areas of the tea estate are used as homes, including management homes and labor camps. Periodically, woodlots are cut to provide fuel for the tea processing, according to the notification.
Mr. Langat is one of the North Rift businessmen who supported Dr. Ruto's run for president in 2022.
The tea estate also features a fuel station, a major store, a factory workshop, a carpentry workshop, and a weighbridge office in addition to two schools, Francis Kibet Memorial School and Koisagat Primary School, a factory section, a factory building, a storey administration building, estates and partnerships offices, and so on.
A chemical store, restrooms in the factories, work camps with stores, a social hall, executive homes, guest homes, a swimming pool, and the chairman's apartment are all there.
Additionally, the notice notified the upcoming sale of Mr. Langat's properties in Mombasa town's Shimanzi neighborhood, which were registered in the name of Koifan Developers Ltd.
The auctioneer hopes to make Sh200 million from the sale, which will take place on July 31 in Mombasa.
The facility, which consists of a 0.7-acre tract created with a four-story office building and five go-downs, is used, among other things, for processing and packaging tea goods.
At the drop of the hammer, the buyers will need to put down 10% of the purchase price in cash or a banker's cheque.
The notice stated that a banker's check deposit of Sh5 million for property no. 2 (the Mombasa property) and Sh10 million for property no. 1 (the tea plantation) would be required as a bid deposit.
The tea estate has been included in Mr. Langat's bigger DL Group, which claims to have been established by the businessman more than 30 years ago on its website.
According to a statement on the company's website, "The DL Group grew from its modest beginnings in the coastal City of Mombasa and expanded into the tea production sector through the DL Koisagat Tea Estate in Nandi County in the Great Rift Valley."
In addition, the firm claims that as part of its innovations in 2013, purple tea was introduced at Koisagat Tea Estate.
During the presidency of John Magufuli, the Mombasa-based tycoon relocated to Tanzania, where he held thousands of hectares of tea plantations.
He has now moved back to Kenya, where he now manages his operations that are spread out across the area, other African nations, and Europe.
The tycoon is the owner of Mombasa's Nyali Mall, which has more than 330,000 square feet of office space in addition to stores, restaurants, and showrooms as well as the very popular Naivas supermarket which has a huge presence at the mall.
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In controversial utterances in public, President William Ruto has accused his former boss Uhuru Kenyatta of instigating protests against his rule.
Does Ruto really know what he is saying and doing? Especially after he stole elections from Raila in August 2022? He says in this video Raila has failed to get elected 6 times but Ruto has not confessed that out of those 6 in 3 instances he played a key role in rigging out Raila and denying him his rightful victory.
Does Ruto know that Vitu kwa ground are very different from this illusion he is trapped in?. Let time tell...
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Even as former Kakamega governor Wycliffe Oparanya was released this evening, after his lawyer recorded a statement, Kenyans are still reeling in shock as they try to digest the jolting revelations from Eugene Wamalwa on what Ruto and UDA are really up to against Raila, Azimio and the people of Kenya.
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Former Kakamega Governor Wycliffe Oparanya, according to Azimio La Umoja One Kenya Coalition Party Leader Raila Odinga, has been arrested by police. He was later released.
Just yesterday: Oparanya recounts how rowdy youths damaged his car during demonstrations in Busia
Most leading analysts including Pro. Herman Manyora seem to agree that the government of William Ruto is on the losing end of the Maandamano duel with Azimio and Raila Odinga. It is as clear as day.
Police brutality and the unprovoked attack on peaceful demonstrators seems to have attracted the wrong kind of attention (for Ruto) from the international community.
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So Ruto police had sharp-shooters in place...
Peter Munya: "We came here to engage citizens on the hardships they are going through and it is our rights as leaders to do so. That's what we came to do but police as usual mobilized to come and disrupt and to visit violence on us and you have sees every stop we made... teargas is being thrown. From Makutano where we started...
And it was needless because there was no violence. Citizens were responding because they are all facing the same problems everybody in the country is facing.
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Why was the Azimio rally scheduled to take place at the Kamukunji Grounds in Nairobi yesterday 12th July 2023 abruptly canceled by Raila Odinga, the head of the Azimio la Umoja One Kenya alliance? What was the real reason? Is it true that it was something terrifying? This Lee Makwiny video offers a few clues.
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There are key aspects of the Kenyan presidency that cannot be ignored and when they are not given the attention they deserve will always result in serious political instability. This is the same mistake a past president with great potential, Mwai Kibaki, made. But now once again in 2023 the tell-tale signs of 2005 are clearly visible
In this Kumekucha video we go deep into this most fascinating and often ignored issue in Kenya politics.
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Over 600 individuals were detained and arrested at various police stations in Nairobi on Wednesday during anti-government demonstrations. Over ten people were shot and killed by police across the nation, and dozens more were hurt during the clashes that erupted on 12th July 2023.
The 12th July maandamano country-wide will go down in the history of Kenya for special attention in any analysis of what happens going forward. And apart from the many bad things that happened, historians in future will also record it as a turning point for the nation called Kenya. One that the Kenya Kwanza government and the UDA strongman William Ruto are yet to see.
Rich Kenyans like Ibrahim Ambwere can be described as clean non-politician Kenyan Multi billionaire. That is something very rare in the country. His is the amazing and highly inspirational story of an orphan boy who started off sweeping the premises of a mason's premises when he was only 10 years old and ended up so rich that the government of Kenya in the 1980s felt threatened by his wealth. He has no prominent presence in Nairobi and lives a frugal lifestyle similar to that of the richest man in the world, Warren Buffet. This is the amazing story full of life lessons from the least known Kenyan multi-billionaire.
Patrick Shaw Untold Story: The inside story of the legendary Nairobi super cop Patrick Shaw. A biographical detailed documentary of the man starting with his early days and arrival in Kenya during the Mau Mau and emergency years to his deep involvement in Kenyan politics in the 1980s. In the end it is brutal Kenyan politics that killed him. He should have just stuck to being an extra-ordinarily good cop.
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Pamela Mboya now deceased, Tom Mboya’s widow wrote to Kofi Annan in 2008 as he was mediating peace in Kenya. Part of the letter read; “The assassination of my husband, like others after him, is a matter that has remained shrouded in mystery and speculation, and which has been avoided by successive regimes in this country...”
Later she promised to drop the bombshell in an interview but later changed her mind. This is most probably what she was so hesitant to reveal.
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This is Uhuru's future from a man who has NEVER gotten it wrong (2013 prediction)
...Then in the midst of all these uncertainties an arrogant Briton came into the country for prayers and started making predictions and prophecies on the country's political future. Few Kenyans had ever heard of the London based preacher. But he spoke with such authority that some Kenyans even got annoyed.
On the shadow of the 12th July maandamano country-wide, UDA insiders are putting on a brave face and yet in the background are terribly worried about Azimio's looming check-mate move. A legal coup linked to the 10Million signatures taking advantage of a unique constitution that in their view gives too much power to the people.
Judy (not her real name) is still serving time but is optimistic that one day she will be free. Her son who saved her life is now about 7 years old.
(From Kumekucha archives. First published WEDNESDAY, APRIL 2, 2008. This story-part of it- hit newspaper headlines in Kenya that year.) Forward this true story and share widely if you have a sister, daughter or some woman you care about who may fall in love tomorrow and throw caution to the wind with dire consequences.
The saying "the dead don't tell tales" has come to haunt police and a Kakamega town when the body of a lady who had been missing for more than a week was found after its location was revealed in a dream.
The strange episode has re-ignited the long-running argument over whether the dead may speak to the living and the applicability of "their messages" to those they may have talked to.
Police are unsure of whether to treat the person to whom the revelation was made as a whistle-blower or a suspect as the villagers speculate that the dream may be a testament to the deceased's desire for a proper funeral and her determination to see her killers brought to justice.
Former chief Justice Willy Mutunga, shortly after making remarks captured on this channel about the police force being a colonial police force and the colonialist who is still too powerful in Kenya, gets tear-gassed in Nairobi.
Sometimes in politics, events and developments that unfold quietly behind the scene have the biggest impact. Like the human factor (which Chairman Mao once said was a key determinant in any great undertaking.).
In this Kumekucha video we conclude a full analysis of what Kenyans should expect going forward as a result of a most impactful saba saba day 2023.
Captivating read in the Sunday Nation this morning in the Weekly Review section on Tom Mboya. Confirms information available on this channel over 5 years ago on who killed Mboya and why.
Our series on Mboya: It was more than an assassination even gives you the name of the man who pulled the trigger and later died a miserable man full of regrets in Kenya (NOT Nahashon Njenga).
Victims of saba saba, some of them in serious condition.
BREAKING NEWS! KINDIKI IG KOOME TO BE PROSECUTED IN COURT FOR BREAKING THE LAW
Sometimes in politics, events and developments that unfold quietly behind the scene have the biggest impact. Like the human factor (which Chairman Mao once said was a key determinant in any great undertaking.).
In this Kumekucha video we conclude a full analysis of what Kenyans should expect going forward as a result of a most impactful saba saba day 2023.
See also;
The Tom Osinde story is more than disturbing, even as a key clue emerges that points to the usual suspects of unsolved puzzles in Kenya.
And even as this is unravelling Irene Cherop Masit former IEBC commissioner in the "Cherera four" flees the country. This Masit move points to something else that Kenyans need to pay attention to.
What has controversial CS Trade Moses Kuria been up to behind the scenes? What impact do his actions have on Kenyan politics? This Kumekucha video digs up a can of worms that you will not believe.
There is also a fascinating link Moses Kuria has to the very puzzling Kiambu gubernatorial elections last August. Indeed Kiambu voters are still pretty puzzled about the results to this day. We dig deeper to come out with some astonishing answers to that mystery.
Despite the William Ruto regime being in denial, mounting evidence indicates that this is a government that has already been well and truly cornered. Even as Kenyans brace themselves for the Wednesday 12th July Maandamanos country-wide, it is very clear where all this is headed and how it will end.
This revealing Kumekucha video exposes the naked truth that many have ignored, even as interior CS Kithure Kindiki changes tune late in the day.
For instance, Human Rights Watch and Amnesty International Kenya have consistently noted that Kenyan authorities have not done enough to hold police officers and their commanders accountable for killings and attacks on protestors and other persons.
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Any posts breaking the house rules of COMMON DECENCY will be promptly deleted, i.e. NO TRIBALISTIC, racist, sexist, homophobic, sexually explicit, abusive, swearing, DIVERSIONS, impersonation and spam AMONG OTHERS. No exceptions WHATSOEVER.