2019 has been one violent year for Deputy President William Ruo, whose lieutenants and soldiers have been under the microscopic eye of the DCI, EACC and state officials who, as it appears, are out to root out corruption, assuming the name corruption is synonymous with Ruto.
Among Ruto’s closest and critical allies who have so far faced the handshake motivated political chop-board includes the former CS for Finance Henry Rotich and Governors Waititu and Sonko, all of whom, according to reports, Ruto had a direct influence in the appointments, finance and campaigns to ensure his key guys held strategic seats for his presidential ambitions.
But 2020 is not about to get any easier for the Deputy President, with his prestigious AMACO insurance up next in the Agenda starting 2020.
According to a Gazette notice no 12216, Ruto’s AMACO insurance is up on a petition for liquidation by 7 individuals who sued the Company at the High Court this year November 7th and the matter is up for hearing on Jan 30th.
A winding up petition is a legal action taken by a creditor or creditors against a company that owes them money (although others can also join petition).
Now lets admit that AMACO has been persistently trending for failing to honor insurance claims while they had prior received the insurance payments, making it a kind of a big scam.
According to the Insurance Regulatory Authority, Insurance firms Invesco Assurance and Africa Merchant Assurance Company (Amaco) closed the year with the highest cases of customer complaints, sector statistics show, citing delayed settlement as a major concern. Invesco and Amaco had 181 and 155 cases respectively, making them the insurers with the highest number of customer complaints in the sector with 54 firms. The two are majorly into the insurance of public, private and commercial vehicles. Last year, 99 per cent of Invesco’s Sh1.53 billion premiums came from insuring vehicles while for Amaco, 62.6 per cent of its Sh2.17 billion premiums were also from these classes of insurance. Daily Nation.
That the DCI and EACC had not started looking into AMACO is a big question on its own, but this suit is the begging of a troublesome year for Ruto.
Weston Hotel, another priced possession owned by Ruto is also up for turbulent times ahead with a suit by the Kenya Civil Aviation Authority (KCAA) protesting a deal Weston entered with the National Land Commission to ‘compensate’ KCAA and continue owning the land.
According to papers filed in court in a fresh suit by KCAA in its attempt to reclaim the land, the authority’s lawyers accuse the hotel of dispossessing the agency of its land with impunity and in collusion with two private entities and the National Land Commission.
Weston Hotel and AMACO insurance are two of Ruto’s ‘most’ public businesses and while admittedly they may have committed crimes, the radar under which both are facing coinciding with how his allies are getting dragged to court one after the other, 2020 is about to be a terrible year for the Deputy President.