Joash Maangi Made KES 2 Billion in 2023 and His Net-worth is KES 690 Million

Ambassadorial Nominee and former Kisii Governor Joash Maangi told the National Assembly Defence, Intelligence and Foreign Relations Committee that he earned KES 2 billion in 2023.

The Committee chaired by Belgut MP Nelson Koech also heard that Maangi’s net-worth is KES 690 million.

Maangi has been a person of interest in a graft investigation by the Ethics and Anti-corruption Commission (EACC). The investigations are centred on a multi billion housing project in Langata, Nairobi by a company associated with Maangi.

Maangi claimed innocence and urged the vetting committee to cast aspersions on the housing company and not on himself as an individual.

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While acknowledging that he is a director at the said company, Maangi said that the company is an independent entity and that if the company is guilty of corruption, the company’s CEO and managing director should be held accountable.

“Am a hundred percent sure that I am innocent, this was some kind of witch-hunt; I am a good citizen in good standing and ready to serve, I have not been charged in any court of law,’ he told the committee.

The former Kisii Governor told the committee that he made KSh 2 billion in 2023 and revealed that he has a net worth of KSh 690 million stemming from several properties in Kisii, Nairobi, and Minnesota, USA. 

He further explained that the KES 2 billion included money he received as a one-time payment for cash he was owed.

“I said exactly what I made last year, there was a little bit of a hike because I was paid what I was owed over a period of time. It was a one-off lump sum payment,” said Maangi, adding  “Some of the properties are not income generating, I own three homes, one in Kisii, one in Nairobi and one in Minnesota where my children live, all those are not income generating.”

Other nominees interviewed today included: Catherine Kirumba Karemu who had been proposed as the High Commissioner in the United Kingdom.

Former West Pokot Woman Representative Lillian Tomitom who had been proposed as High Commissioner in Zambia. Lt General (Rtd) Jonah Mwangi, who is set to assume duties in Tehran, Iran.

Caroline Kamende Daudi is slated for an appointment in Ottawa, Canada.