Senate wades into KIST land row as details emerge how trustees took Sh 158 million loan

Nominated Senator Isaac Mwaura together with members of the Senate Committee on Education during their fact-finding mission over land dispute for the Kiambu Institute of Science and Technology (KIST). [Kamau Maichuhie/Standard]

The Senate has been told how trustees of Kiambu Institute of Science and Technology (KIST) used part of the land to obtain a bank loan for a non-existent development project.

During a sitting of a Senate committee at the institution, details emerged that in 2012 the trustees took Sh100 million loan and a further Sh58 million in 2014 using the institute's title deed as collateral.