How Paul Ndung’u amassed wealth and power in a decade

• Whether by design or sheer luck, Mr Ndung’u’s fortunes have enabled him to cultivate a circle of powerful and high-profile friends, including the family of retired president Mwai Kibaki and the current President Uhuru Kenyatta.

• His NSE portfolio once peaked at Sh4 billion in the 2000s, allowing him to move the markets and putting him in the list of top 10 shareholders in a number of listed firms.

How Paul Ndung’u amassed wealth and power in a decade

Reports that Life Care Medics, a company associated with businessman Paul Ndung’u, was one of the firms that the Ministry of Health contracted to supply food supplements and rations for HIV/Aids patients, have once again thrust the billionaire and his vast business.READ MORE