Siaya based Dominion transfers business to Lake Agro
SEE ALSO :New owner takes up Yala project"Lake Agro Limited will not assume nor will it intend to assume any liabilities whatsoever incurred by Dominion in the business upto the date of transfer," added the notice. Dominion Farms limited suspended its operations on November 10, 2017, leaving more than 350 workers jobless.
The investor Calvin Burgess (CEO Dominion farms limited) who had worked on the swamp for over 15 years cited political frustrations, which he claimed, had made it difficult to continue working on the project. Burgess arrived in Kenya in September 2002 as a foreign investor who would contribute heavy equipment and rice mills. According to the workers, the investor owes them over Sh350 million while Sh900 million arrears owed to suppliers.
The county government, in January 2019 had taken to the assembly a request by Dominion farms limited to transfer its lease to Lake Agro Limited for debate. The MCAs had approved the request allowing the new investor in Yala swamp. The MCAs insisted that the county government and Lake Agro limited must put consideration into the implementation of assembly report through fresh survey and planning of land use at the swamp area. They also asked for a commitment to fast track outstanding assembly committee resolutions on the investment policy, review of MOU and the lease. The notice of business transfer is dated January 132020 and was signed by both the advocates of Dominion Farms limited and Lake Agro Limited.
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