Equity CEO Dr. James Mwangi Asserts Full Payment in Land Case Against Moi Family

Dr. James Mwangi, the Chief Executive Officer of Equity Group, affirmed that he is not seeking any compensation or refund from the Moi family regarding a longstanding land dispute. The case, which involves a 20-acre parcel of land, has drawn considerable attention due to its high-profile nature and the involvement of prominent figures.

Dr. Mwangi’s testimony was delivered during a re-cross examination in a Nairobi court, where he addressed concerns surrounding the payment for the disputed land. According to Mwangi, he has fully settled the payment for the parcel of land and has no claims for a refund. “I believe the former President Moi received all the money,” Mwangi stated in court. His comments were aimed at clarifying any misconceptions about the financial aspects of the transaction.

The land in question, valued at Ksh. 300 million, is situated in Muthaiga, a prestigious area in Nairobi. This dispute has been a point of contention due to conflicting claims over the ownership and payment for the property. However, Dr. Mwangi’s position has been clear from the outset. He emphasized that former President Daniel arap Moi, who had initially been involved in the transaction, acknowledged receipt of the full payment.

During his testimony, Dr. Mwangi recounted a visit to the late President Moi where the matter of payment was discussed. “When I visited Moi, he said that he was happy that I had paid in full and told me how he had spent part of the money. He was in a jovial mood,” Mwangi shared. This interaction underscored Dr. Mwangi’s assertion that there were no outstanding financial issues related to the land deal.

The land case has been described by Dr. Mwangi as a source of significant distress. Despite his claims of having fulfilled his financial obligations, the case has dragged on, causing emotional and legal strain. In July, the Attorney General’s office presented evidence to the High Court indicating that a company associated with Mwangi holds the original title to the land in question. This development has further complicated the legal proceedings, as it adds a layer of complexity to the case.

Dr. Mwangi’s declaration of not seeking any refund is a strategic move to distance himself from potential claims and to highlight the resolution of the financial aspect of the dispute. His focus now appears to be on resolving the remaining legal issues and moving past the contentious case.

The land dispute has also drawn public interest due to the high profile of the individuals involved and the substantial value of the property. As the case continues, it remains a critical issue in the legal landscape, with implications for both the parties directly involved and broader discussions on land ownership and transactions in Kenya.

Dr. Mwangi’s statement reinforces his position in the dispute and his commitment to resolving the matter amicably. The court’s ongoing deliberations will determine the final resolution of the case and its impact on all parties involved. For now, Dr. Mwangi’s focus remains on concluding the legal proceedings and addressing any remaining concerns related to the land.