Grain Bulk handlers have bought a new train locomotive to pull grain wagons on the SGR line, CNYAKUNDI.COM can authoritatively confirm.
Grain bulk handlers is owned by Mohammed Jaffer.
Jaffer controversially built his business empire by leveraging on political patronage and was at one time the main benefactor of ODM Party Leader Raila Odinga when he served as Prime Minister.
Grain bulk handlers latest move casts doubts to word in the streets that he was abandoning the bulk grain business for the Gas industry where he recently solidified his monopoly.
We can confirm that, to date, there have been tens of investigations on the unfair monopoly of Mohammed Jaffer’s companies including Grain Bulk Handling Limited (GBHL) but no action has been taken.
Maize and other grains are expensive because of the monopoly that GrainBulk Handlers has been enjoying for many years and now he has been trying to block all other players in the industry.
Through bribery, Jaffer has also been accused of completely taking over the imports, distribution and retail business in the LPG sector undercutting other companies and driving them out of business altogether and the latest tactic is buying off competitors who feel helpless and have to allow Jaffer to buy them off.
Recently, the National Intelligence Service joined the crackdown on the illegal exchange of liquefied petroleum gas (LPG) cylinders as part of measures aimed at controlling illicit refilling rackets in the country but there are doubts if they can manage to control Jaffer who has infiltrated all sectors of the Kenyan economy, for instance, the Judiciary where rulings are made in his favour.
He is said to be close to high ranking judges in the Judiciary including distinguished magistrates like Court of Appeal Judge Alnasir Visram.
With such deep connections within the corridors of power, it is no wonder that the tycoon wins a majority of cases filed against him or any of his firms and evades scrutiny like the latest NIS move.
Would you like to get published on this Popular Blog? You can now email Cyprian Nyakundi any breaking news, Exposes, story ideas, human interest articles or interesting videos on: [email protected] Videos and pictures can be sent to +254 710 280 973 on WhatsApp, Signal and Telegram.