Finance CS Ukur Yattani has distanced himself from a grabbed piece of land along Mombasa road
GA Insurance has accused Lawyer Stephen Juma Ndeda of colluding with businessman Abdub Diba Boru to grab the three-acre land.
The land is valued at shs 400 million and is next to the Inland Container depot.
LR number 209/10601/12 is currently the subject of a court case.
Despite the mater being in court, Dikus transporters associated with the lawyer and businessman are on site carrying out excavation works.
Documents in our possession show that Dikus Transporters was incorporated on 12th February 2013 under CPR number /2013/94611.
Its directors are Stella W Nyamu, Abdub Diba Boru and Diba Boru Jaldesa.
One of the directors had linked the CS to the land.
He said the CS is an interested Party.
When reached for comment, the CS said he only knows Dikus Transporters as a businessman.
“I know him as a businessman, but I have no idea of what you are talking about,” Yattani said.
He warned those linking him to the land to stop the “unfounded allegations”.
“Dikus is a prominent businessman in Nairobi,” Yattani said.
I&M Bank has also written a letter to Court saying the land was used as security for a Sh1 million loan the bank issued to GA Insurance in 2014.
GA Insurance has accused Dikus Transporters Limited and lawyer Stephen Juma Ndeda of using a fraudulent title deed to lay claim to the land.
GA said it bought the land for Sh92 million in 2014.
The insurance firm now wants the Milimani High Court to bar Dikus Transporters and Mr Ndeda from laying claim to the land.
Strangely, Neither Dikus Transporters nor Lawyer Ndeda have filed a response in the suit.
GA Insurance says it bought the land from Economic Industries Limited, which purchased it from Eldo Dwellers Limited for Sh9 million in 2005.
Eldo Dwellers bought the property from the original owners, Sadru Musa Ramji and Yasmin Sadru Musa Ramji in 2004, the court papers say.
“On March 19, 2021 Dikus Transporters put excavators onto the suit property and begun excavating the land and is preparing the land for development with what GA Insurance regards as a fraudulent title. On the same day Dikus Transporters also loaded GA Insurance’s building materials into their trucks and which incident was reported at Embakasi police station,” GA Insurance said.
The insurance firm has attached as evidence, a search from the Ministry of Lands which indicates that the underwriter is the registered owner.
The underwriter had planned to fence the prime property on March 12 but found Dikus Transporters director Diba Boru on site with a group of young men.
The group allegedly attacked workers who were to put up the fence, and destroyed building materials worth Sh675,000.
Dikus officials and Mr Ndeda then produced title deeds claiming that they own the Sh400 million property.
GA said the documents are fake.
The title held by Dikus indicates that the firm bought the land from Mr Ndeda in 2020, and that the lawyer acquired the property from Sadru Musa Ramji and Yasmin Sadru Musa Ramji.
GA Insurance holds that Dikus Transporters intends to sell the land to unsuspecting buyers and wants the court to stop the move.
“It has come to GA Insurance’s attention that the conmen who are orchestrating a fraud scheme by purporting to be the owners of the aforesaid parcel of land are seeking unsuspecting buyers to purchase the land and have been visiting the land accompanied by unsuspecting buyers,” GA said.
Dikus Transporters allegedly colluded with City Hall officials to suspend GA Insurance’s land rates payment account.
The account was restored after GA Insurance’s lawyers wrote to City Hall over the dispute.
The Nairobi Metropolitan Services (NMS) has written to the Ministry of Lands, seeking details of the property following an attempt by Dikus Transporters to subdivide the land.