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

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

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  • 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

 

 

How Paul Ndung’u amassed wealth and power in a decade Reviewed by on November 4, 2016 .

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

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