16.6 C
Nairobi
Thursday, December 26, 2024

Samuel Ayodo: Meet The First Luo To Study in The US

The late former Kasipul-Kabondo MP, Samuel Onyango Ayodo, made history as the first Kenyan from the Luo community to study in America. Born in...
HomeWealthDon Bosco Gichana Net Worth, Businesses He Owns And Controversies

Don Bosco Gichana Net Worth, Businesses He Owns And Controversies

JOIN WOK ON TELEGRAM

He was little known in political circles until he donated a brand-new Hummer to former prime minister and current ODM leader Raila Odinga in 2007, a novelty back then. Don Bosco Gichana became an overnight much sought-after political activist. His source of wealth was never queried because we live in a country with a mantra of ‘money is money’. Then Tanzania happened. On his way back from Kisongo Prison in Tanzania, where he had gone to visit prominent lawyer Median Mwale, the politician described as flamboyant was arrested on the Namanga border. He was to join Mwale in prison for five long agonizing years until his release in 2018. The moneyed politician was accused and pleaded guilty to charges of conspiracy to launder money and money laundering.

Release Don Bosco
Calls to have Mr Gichana released led to the #FreeDonBoscoGichana that trended on twitter but seemingly did not move the authorities in the neighboring country. According to unconfirmed reports, deputy president William Ruto and Raila Odinga were among leaders who tried to intervene to have the youthful businessman released but Magufuli turned a deaf ear. A song by Smallz Lethal ‘OMOISI OMOBE’ castigates the Tanzanian President saying Don Bosco is not a ‘gangstar’ but a hustler. Well, upon his release Don Bosco thanked his fellow self-styled hustler William Ruto for securing his release. He had this to say when he paid the DP a courtesy call shortly after he had been released:

“Thanks for your efforts towards my release. My God bless you William Ruto and your timely advice on the way forward”

Source of Money
He has variously been described as a businessman but he has been making headlines for all the wrong reasons. In 2010, Don Bosco was accused alongside Graham Rioba Sawyer and Lawyer Albert Simiyu Kuloba of defrauding multiple banks kes200 million. The trio were accused of stealing sh96,759,540 at Fina Bank and a similar amount from Eco-Bank Towers. The businessman, if he can be called that, is said to have stolen another sh8 million from Fina Bank.

Gichana was accused by Tanzania authorities of conspiring to launder money in Nairobi, Arusha and Dar es Salaam between November 2009 and August 2010. He allegedly deposited kes411 million US Treasury cheques in an Arusha bank.

Don Bosco Gichana Net Worth, Businesses He Owns And Controversies
Part Of The Damning Report Linking Gichana To The Illicit Fake Gold Trade Photo/Robert Alai

Allegedly Conned A Mr Zandi $750,000
According to a damning exposé by blogger Robert Alai, the businessman has been listed as being in the fake gold business. Mr Gichana is accused of having received $750,000 from Mr Zandi with a promise of delivering gold-he never does that.

Business Gichana Owns
He is said to own a number of entertainments joints, with the most popular being Capri Seven.

Don Bosco Gichana Net Worth
His net worth can be estimated at anything between kes500 million to just about kes800 million. Next