The state will now have to pay reclusive tycoon Mike Maina Kamau Sh859 million as compensation for his Spring Valley mansion, which was demolished to pave the way for a road.
The billionaire’s eight-bedroom mansion was demolished to make way for the construction of the Waiyaki Way-Redhill link road.
Justice John Mativo has directed the Principal Secretary in the Ministry of Transport and Infrastructure as well as the Attorney-General to ensure the man who also owns Marble Arch Hotel in Nairobi is paid Sh847,277,351 for the demolished mansion and Sh12,259,342 as the cost of the case.
The tycoon was awarded Sh711 million as compensation in December 2017 but the money was not paid on time leading to the man moving to court to demand speedy payment and interest for the delayed settlement.
The State had attempted to refuse settlement on the grounds that there was a pending appeal against the Sh711 million payout, arguing the mansion had sat on land that was part of a road reserve.
Mr Maina started construction for the mansion in 2007 and at the time of demolition, he had not moved in. He successfully proved he legally owned the land, providing to the court evidence to have purchased it at Sh80 million. Mr Maina said he had spent a total of Sh299 million to build the mansion.
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