Kenyan minister to resign
Published:Thursday | July 3, 2008 | 2:42 PM
The pressure is mounting for Kenya Finance Minister, Amos Kimunya to resign following allegations of fraud.
The case relates to the sale of the Grand Regency Hotel in Nairobi, which was reportedly sold for $45 million instead of its recorded valued of $115 million.
Mr. Kimunya, a close ally of President Mwai Kibaki, has denied any wrongdoing in the sale of the luxury hotel.
On Tuesday, Prime Minister Raila Odinga set up a committee led by Attorney General Amos Wako to investigate the sale.
The committee also called for the Central Bank governor and the head of the National Security Intelligence Service to step down.