Sunday, December 28, 2014

JUBILEE HAS NOW BOUGHT FORMER SPEAKER KENNETH MARENDE

Former House Speaker Kenneth Marende has landed a big job in the Government of President Uhuru Kenyatta and his Deputy William Ruto.

This is after he was elected as a board member of the Kenya Power.

His election to a public institution comes following his exit from Parliament two years ago.

Marende received the highest votes in an election where all former directors who were seeking re-election lost out, including Chairman Eliazar Ochola, Patrick Obath and Jacob Mwirigi.

The poling results showed Uhuru/ Ruto’s Government supported Marende’s candidature given that the State owns 50.08% share of KPLC which is crucial for anyone to sail through as a director in the utility firm.

Kenya Power has 27, 000 shareholders who exercise weighted voting rights, where one’s vote is equivalent to their stake.

Marende exited from politics to pursue personal business and vowed to make a comeback in 2016 where he intends to run for one of the big seats in the country.

No comments:

Post a Comment