Govt Buys Iconic City Cabanas Club for Ksh1.5 Billion
President Uhuru Kenyatta toasting
File
The government has finished the compulsory acquisition of the famous City Cabanas along Mombasa Road at a cost of Ksh1.5 billion in a transaction that has been termed as controversial.
Hotel owner Rosaline Njeri Macharia was paid the money by the National Lands Commission on behalf of the Kenya National Highways Authority (KeNHA).
According to the transfer documents, the money was paid in installments of Ksh1 billion, Ksh522.3 million and Ksh25 million to the businesswoman's accounts.
Entrance to the famous City Cabanas Hotel in Nairobi
File