Former Lugari Member of Parliament (MP) Cyrus Jirongo was a politician whose rise in politics is attributed to the infamous YK 92 that prolonged KANU’s tight grip to power just after the introduction of multi-party democracy in Kenya.
However, Jirongo was described as a man with a loose, loud mouth and as such struggled to pick his feet after curtains closed on KANU’s reign in 2002.
Back then the Government at that time sold the property of Cyrus Jirongo, who had been declared bankrupt in 2017.
The 103-acre farm in Chepkoilel, Uasin Gishu, which includes a salt-processing factory.
Through the Central Bank of Kenya (CBK), the former Lugari MP’s 103-acre farm was sold for Sh53 Million in a bid to recover part of loans, amounting to Sh495 Million owed to Dubai Bank which has now collapsed.
The land, which was registered to Kuza and Allied Ltd (a company fully owned by Jirongo) was sold to Ninja Transporters.
The farm was put up for auction to recover a significant debt and its current ownership status is likely in dispute or has changed hands as a result of debt recovery efforts.
During the first attempt, the property was reserved at a price of Sh70 Million which valued an acre on the farm at about Sh680,000.
Recently Jirongo unsuccessfully challenged the CBK’s decision to place his company under receivership over the accumulated debt.
