Skip to main content

Things You Didn't know about slain businessman Jacob Juma



Businessman Jacob Juma is the top trend on Twitter on Friday, May 6 with over 22, 000 tweets sent by users to condole with his family after he was murdered by unknown gunmen Thursday, May 5.
The prominent tycoon was slain around 9:30 p.m. along Lenana Road, Nairobi.
His bullet riddled Mercedes car was found in a ditch. The vehicle had 10 bullet holes.
Police say he was blocked and shot several times, but nothing was stolen from him.
But just who is this man Jacob Juma?
1. Born in Bungoma
Mr Juma was born and raised in Mugore Village, Bungoma County. He attended Mugore Primary School and Bungoma High School. He later joined University of Nairobi to pursue a Bachelor’s Degree in finance.
He died aged 44.
2. Prominent businessman
Upon completion of university education, Mr Juma plunged into business with a diverse chain of companies registered under his name.
Juma said his first contract was the refurbishment of Co-operative College in Karen, using equipment borrowed from National Youth Service (NYS).
He was the managing director of Erad Supplies, a company that had sued National Cereals and Produce Board (NCPB) over a contract for delivery of 40,000 tonnes of maize.
Mr Juma sued NCPB seeking KSh500 million for alleged breach of contract.
He never supplied the maize but claimed he incurred huge losses in profits and storage costs.
3. Lived in “KSh100 million house”
Jacob Juma, a father of two, never gave any qualms talking about “my big wealth” and “lived in a KSh100 million” residence in the upmarket Karen area.
Jacob in a past media interview said he wasn’t able to quantify his wealth “from businesses spread in 52 countries across the world”.
4. Had interest in mining
Mr Juma was a director and proprietor of Cortec Mining Kenya Ltd, Kenya, with a profile on his Twitter account showing the company was affiliated to Cortec SA, Cortec Uk, Stirling, UK, Pacific Wildcat Resources Corp., Canada, USA, Rio Tinto, Australia, First Western, UK.
5. Never shied away from controversy
Juma was known for courting controversy on various issues on his Twitter handle when commenting on topical issues of the day.
He was, early 2016, named in a National Land Commission (NLC) report. The NLC had accused Mr Juma of fraudulently acquiring nine-acre piece of land off Mombasa Road.
Juma and former President Daniel Moi’s son Jonathan Toroitich Moi were alleged to have illegally acquired the government land, on which Kings Business Park sits. NLC recommended that the title initially issued to Sakir Properties, be revoked.
Mr Juma vehemently denied the claims of land grabbing.
“I bought a nine acre piece of land in 1999, 17 years ago, that had a valid title deed from Jonathan Moi. How do I become a land grabber yet I was a purchaser for value?” posed Juma in January 26.
6. Sued Dr. Kidero in August, 2015
In August, 2015 Mr Juma filed a case seeking to have Nairobi Governor Dr. Evans Kidero’s bank accounts frozen claiming Dr. Kidero received KSh650 million on behalf of Mumias Sugar Company and failed to deposit it.
Mr Juma relied on claims made by Kakamega Senator Boni Khalwale, who alleged that Dr Kidero received money on behalf of Mumias Sugar as envisaged in the sales agreement between Mumias and YH Wholesalers in 2012 for the sale of 13,450 metric tons of sugar.
Senator Khalwale claimed the funds were never deposited in Mumias Sugar Company bank accounts.
7. Sued Najib Balala
In 2013, Mr Juma had also sued the then Mining Cabinet Secretary Najib Balala for revoking the license of his company, Cortec Mining Kenya Ltd.
Mr Balala struck out Cortec’s licence after the firm claimed it had identified commercially viable mineral deposits estimated at Sh61 trillion in the Mrima Hills, Kwale County.
8. Had a premonition of his death
In what appears to have been a premonition of his death, Juma tweeted on March 25: “Freedom is expensive? Death is a must for everybody. I will NOT fear death and stay in comfort zone as majority of Kenyans suffer anymore.”

Comments

Popular posts from this blog

Take care of yourself__"The first wealth is health".

By Strive Masiyiwa  A few weeks ago I went to the doctor. I will tell you what he said about my health at the end, but first read this: Twenty years ago, I arranged to meet a well-known British international businessman who invested a lot in Africa at the time. We agreed to meet for dinner at a leading hotel in London.  After a good meeting, we started to walk out of the restaurant when he suddenly collapsed in the lobby. There was total pandemonium as they rushed to get medical assistance. Being London, an ambulance arrived in minutes. I jumped in the back with him as paramedics wrestled to keep him alive. He had had a heart attack and had to have triple bypass heart surgery. Sadly he died a few weeks later. He hadn't been sick and his sudden death surprised everyone. And yet as I reflected on it, and later discussed it with a doctor friend who knew him, I realized he was very laid back about his health despite having a hectic business life. Even during our dinner...

WHERE TO BUY THINGS AT A BARGAIN IN NAIROBI

 1.Cereals – Get them in Nyamakima in that kichochoro for Molo matatus. Groundnuts from the market cost Sh190 per kilo, but at Nyamakima they are Sh110. You can also get apples and other fruits at a good price. 2.  Diapers and bar soap – OTC. The kichochoro between Tuskys and Equity.  3. Chemicals for homemade detergent, bleach, fabric softener, disinfectant – OTC, the building with Tuskys, go upstairs, first floor. They will even explain how to mix them.  4. Bulk shopping – If you can manage to go to Kawangware or Eastleigh, you will save a lot. In Kawangware, go to Samrose in the market. Alight at Mlango Soko, then at Cooperative Bank, go down and turn at the first right turn, walk about 20 metres and you will find SamRose. Go with a list, they will give you the prices. If you are buying things for a shop, they deliver. Alternatively, you can turn left and walk a bit for like 100 metres where you will find many wholesale shops including FairPrice. Also look out for Israel. In Eastlei...