From Kenatco to Uchumi the curse of stealing from poor hardworking Kenyans is bed riding Chris Kirubi aka DJ CK in a lonely deserted life and a reality to live. A story of ‘dirty’ rich DJ CK but what many Kenyans don’t know is how Chris Kirubi reached where he is today!
This writer has the following facts about the famous DJ CK that is is a philosophical contemplation and contradiction.The 76-year-old bachelor who struts around the city in Italian designer suits with girls young enough to be his grandchildren.
“They know me personally,” Kirubi says of his tailors, which is what every Kenyan would say of their tailor.
While quite a few would say they know Kirubi personally, much fewer know how he made his money – beyond the official narrative that implies he picked cash with the ease of a farmer harvesting mango from a tree.
That may be so, only that Kenyans do not know on which specific tree he did the harvesting. What’s evident is that Kirubi’s big break came during his stint as manager with Kenya National Transport Company (Kenatco). This was a State parastatal established in the 1970s to offer logistical solutions to Kenya and the neighbouring countries of Uganda, Congo, Sudan, Burundi and Rwanda.
The Story of KENATCO
Kenatco was,however, transformed into a smuggling network by a group of politically-connected individuals in President Jomo Kenyatta’s inner circle.
The period between 1975 and 1976 provided a peak in smuggling after coffee market prices were spiked by frost that affected Brazil coffee. Smuggling hit fever-pitch as Kenyans jostled for coffee beans in the region – with Kenatco transport network becoming the centrepiece of the illegal operations.
Kirubi is alleged to have emerged from Kenatco a millionaire although the reason he attracted attention was not the alleged financial transformation but the foundering of the parastatal.
Kenatco was placed under receivership in February 1996, after it failed to service its loans and meet other financial obligations due to mismanagement. The genesis of its problems was a Sh22.4 million loan it was advanced by Industrial and Commercial Development Corporation (ICDC), ironically also owned by the State.
The loan was meant buy new vehicles to revitalise Kenatco’s fleet but by June 2008 the debt had skyrocketed to Sh368 million, despite the struggling company having paid back Sh26.3 million. It was against this background that ICDC appointed a receiver manager to run the company.
Kenatco, which once held great promise, has now made history as the only State-owned corporation which has been under receivership for a record 16 years, exposing it to plunder and mismanagement.
At one point, Parliament was told of how some of its expensive Mercedes limousines were sold for a paltry Sh500. Kirubi was mentioned as one of the managers who had contributed to running down the company.
Kirubi with an unidentified lady
An outraged David Musila said in Parliament in June 2006: “Kirubi has been bragging how rich he is. He was responsible for the collapse of Kenatco but nothing happened to him. He was indeed given Uchumi to manage which [has now] faced similar problems.”
Interestingly, Kirubi was to become a major shareholder of ICDC when the Government released some of its shareholding, indirectly placing him at the helm of Kenatco, a company whose collapse he had earlier been accused of overseeing.
Uchumi Supermarket’s journey to the dogs followed a similar route. It was incorporated as a private company on December 17, 1975. Upon its incorporation, 51.5 percent of the stake went to the Government through 24.9 percent shareholding by Industrial and Commercial Development Corporation Investment (ICDCI), Kenya Wine Agencies Ltd (KWAL’s) 18.8 percent and ICDC’s 7.8 percent.
At the peak of its growth, Uchumi had 28 branches scattered across the country, employing more than 1,000 Kenyans. It became a public company in 1992 when it was listed at the Nairobi Stock Exchange.
When its fortunes dwindled despite the Government and the public injecting more revenue, Kirubi and 13 other senior employees of the supermarket were ultimately charged with defrauding the supermarket. They were charged before resident magistrate Stella Muketi on June 10, 2008.
They were accused of selling a piece of land on Aga Khan Walk in Nairobi belonging to Uchumi Supermarket at a paltry Sh147 million, although its true value was more than Sh400 million. They allegedly sold the land to Allgate Company.
After the sale, Uchumi supermarket was then forced to pay Sh1.7 million monthly rent to the new landlord. Kirubi was further accused of breaching public trust during his tenure at Uchumi as board chairman.
Uchumi supermarket has since been revived by a team led by Jonathan Ciano although Kirubi has been struggling to clear his name over the Uchumi saga.
Kirubi’s private enterprise, however, continues to flourish, as he told the Drum magazine.
Consider the ostentatious statement by the businessman: “If you are wondering in what ways Kirubi could possibly be a part of your life, they are many. Haco Tiger Industries give you cocoa butter in its many applicable glories. You write using Bic pen, use his bleach on your fabrics, rinse your clothes in his fabric softener before hanging them out to dry – using his pegs.