Investor Risks Losing Multi-billion Private Island in Diani
An aerial view of Chale Island, which is Kenya s only private island resort.
File
An investor in Kenya risks losing a private Island worth billions of shillings after the Ethics and Anti-Corruption Commission (EACC) made it a target.
A report by
Nation on Monday, March 15, indicated that the agency had sued the investor seeking to have the Island, located near the world-famous Diani Beach, reverted back to the state.
In the application, EACC seeks to bar the proprietor from taking possession, transferring or developing the land estimated to be over 31 acres.
The island consists of an exclusive and breathtaking Chale Resort, one of the few individual island resort in Kenya.
THE STANDARD By
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February 2nd 2021 at 15:18:22 GMT +0300
Ismael Mustafa being escorted from a Mombasa Court. [Kelvin Karani, Standard]
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Justice Luka Kimaru. [File, Standard]
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