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Cooperatives and SMEs Cabinet Secretary nominee Simon Chelugui on Saturday sought to explain Kenya Kwanza government's plan to administer the Sh50 billion hustler fund.
Mr Chelugui was before the parliamentary Committee on Appointments led by Speaker Moses Wetang'ula for vetting. When he declared his net worth as Sh993 million, he was asked to explain the increment by Sh200 million in five years. He responded by saying his wealth grew by Sh197 million between 2018 and 2022 from appreciation in the value of his assets.
Kikuyu MP Kimani Ichungwa and Kathiani MP Robert Mbui had tasked Chelugui to explain how his net worth rose from Sh796m he declared on February 13, 2018, to Sh993 million. In 2018, Chelugui was vetted for Water and Sanitation Cabinet Secretary in Retired President Uhuru Kenyatta's administration. Chelugui, one of the only two CSs retained from Uhuru's Cabinet, said the assets he declared in 2018 are the same ones he declared.
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