August 24, 2019

Kenyan woman in Sh100m estate battle with Australian lover

A Kenyan woman is on the verge of losing her share in a Sh 100 million property in Diani, Kwale County she alleges to have jointly purchased with her estranged Australian lover.

The property mainly comprises of holiday homes located on the second-row beach plots.

According to Daily Nation, Ms. Lucy Wanjiku Muku is claiming that together with Mr. Karl Salzmann, they incorporated Karl Salzmann Limited, with her as the majority shareholder holding 51 percent.

They then relocated to Kenya with plans to start a joint investment.

“The petitioner and the first respondent identified a parcel of land…owned by Bharatkumar Girdharlal Thaker. The petitioner and the first respondent purchased the same at Sh8,000,000. However, the property was transferred to the first affected party’s name due to the cordial relations which the petitioner and the first respondent had,” she says.

The couple subdivided the parcel into plots, sold two and retained the rest for future development.

According to Wanjiku, the presumption of marriage arises between them by virtue of their long cohabitation even though they were not legally married.

Wanjiku is accusing Mr. Salzmann of fleecing her share of their property and further failing to disclose profits they gained from the sale of two beach houses in 2013 and 2015 at Sh46 million.

Ms. Wanjiku further claims that Mr. Salzmann sold Karl Salzmann Limited without consulting her.

“The first affected party is also involved in the business of selling wine, cheese, and ham which is distributed under name of Gourmet Traveller. The same has been sold to Paul Van Beveren and Paul Van Windesandmore Ltd and now owned by Karl Salzmann and Paul Van Beveren”

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