Details have emerged of how the feisty Mathira MP Hon. Rigathi Gachagua amassed a fortune worth billions of shillings in record time, between July 2015 and February 2020 using an intricate web of firms listed under him, his wife Pastor Dorcas Wanjiku Rigathi, and William Wahome Mwangi.
Late last month, his personal current account 0012010006030 held at Rafiki Microfinance Bank was frozen by High Court after Assets and Recovery Agency raised a red flag after detectives unraveled a well-protracted ploy where he siphoned hundreds of millions through shady companies registered under his name, that of his wife, and other proxies.
Investigations have revealed that several companies associated with the MP were involved in massive theft of public resources, money laundering, and embezzlement. The activities in question are cash deposits, transfers, and withdrawals of up to Kshs 5.7 billion out of which 1.006 billion was withdrawn in cash by Rigathi Gachagua, his wife Pastor Dorcas Wanjiru Gachagua and William Wahome Mwangi, Mathira Constituency CDF Chairman and Board Chair Tana Water Works Development Agency.
Some of the companies involved in this money heist include;
Wamunyoro Investments Limited, Directors Rigathi Gachagua of ID No. 6091105 and Dorcas Wanjiku Rigathi of ID No. 7276682;
Machine Centre Limited, Directors William Wahome Mwangi a German national of Kenyan origin, German Passport 5427073268 and Beth Wacera Wachuga ID No. 1159341;
Technical Supplies Ltd, Directors Rigathi Gachagua, Dorcas Wanjiku Rigathi; Karandi Farm Limited, Directors Rigathi Gachagua and Dorcas Wanjiku Rigathi;
Crystal Kenya Limited, Directors Rigathi Gachagua and Dorcas Wanjiku Rigathi
Rigathi Gachagua & Dorcas Wanjiku Joint Account A/C No. 0012010006030 held at Rafiki Microfinance Bank, Tom Mboya Street Branch KRA PIN A001120140M.
According to exclusive documents seen by this writer, in June 2015, Encartar Diagnostics Limited in Conjuntion with Rapid Medical Supplies Limited was awarded a tender to supply Nyeri Provincial hospital with ten dialysis machines, Water treatment system, and sanitary towels, a tender worth Kes.247,022,084.
Rapid Medical supplies in their account 001202001158 domiciled at Rafiki Microfinance Bank, Tom Mboya Branch received transfers totaling Kes. 47,022,084. 20 from Nyeri County Government. Interestingly the funds were utilized as follows; cash withdrawals – Kes 12,804,000.00. Transfers to Rigathi Gachagua account A/C 0012010006030 domiciled at the same bank- Kes.26,617,139.18. Wire transfer to Philips Limited totaling Kes. 23,449,925.70.
Any bank transaction as per CBK guidelines is supposed to be invoiced and explained. The transfers to Rigathi Gachagua and Philips Limited were not invoiced thus unexplained. Plainly showing there was no justification for such a transfer since no invoicing of any services offered by the two recipients.
Encartar Diagnostics Limited received from Nyeri County Government Kes. 165,000,000 on their A/C No. 0012070000198 domiciled at Rafiki MFI Tom Mboya Branch and Kes. 35,000,000. The funds were utilized as follows; Outgoing RTGS to Dorcas Wanjiku Rigathi – Kes 12,950,500.00. Outgoing Transfer to Toyota Kenya & Taitan Motolink – Kes9,000,000.00 and Cash Withdrawals – 87,321,955.00
Yet again, there were no justifications for the transfers. What was Encartar Diagnostics paying for to Rigathi’s wife Pastor Dorcas Wanjiku? The transfers to Toyota Kenya and Titan Motolink bought two vehicles that were registered to Rigathi Gachagua, Logbooks on the photos below.
Still in Nyeri County, in another intricate web of money transfers orchestrated by the Rigathi Cartel destined to launder and loot public funds from Nyeri County, Stecol Corporation in conjunction with Skytop Agencies in June 2019 participated in bidding for road construction worth 3 billion in Nyeri County and won.
Part of the payment was made to Skytop Agencies A/C No. 0350165078925 domiciled at Equity Bank KNUT House Branch by Nyeri County Government.
The funds were utilized as follows; Cash withdrawals – Kes. 38,124,500.00. Another Kes. 92,792,000.00 was transferred to Machine Center Ltd, Technical Supplies, Services Limited, Wamunyoro Investments Limited, and Karandi Farm Limited (all these entities are under the directorship of Rigathi Gachagua and his wife Dorcas Wanjiku Gachagua.
Once again, these transactions were made with zero justifications or invoicing. What was Skytop paying to Rigathi group of companies?
The funds were later utilized from the companies’ accounts as cash transfers to personal accounts and huge unjustified cash withdrawals by Rigathi and his wife pastor Dorcas.
In a nutshell, between February 2017 and May 2019 Wamunyoro Investment Limited and Machine Centre Limited Joint Venture Bank Account A/C 0180267522197 at Equity bank whose principal signatories are;
Rigathi Gachagua MP Mathira Constituency and William Wahome Mwangi Mathira Constituency CDF Chairman and former Tana Water Development Board chair had received unjustified and uninvoiced transfers totaling Kes.721,533,406.80.
The shadowy and fictitious deals confirm fears that public resources meant to benefit Mathira people and Kenyans’ at large has ended up into the pockets of a few individuals. I shall be elucidating on the mind-boggling details involving companies attached to Rigathi, his wife and his proxies that were used to defraud state corporations billions of shillings.
NEXT… The Faces Be Hind. Stay Tuned…