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About: Grand Regency Scandal     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:SpeechAct107160883, within Data Space : dbpedia.org associated with source document(s)

Type: yago:WikicatScandalsInKenyayago:Abstraction100002137yago:Act100030358yago:Event100029378yago:Gossip107223170yago:Informing107212190yago:PsychologicalFeature100023100yago:Report107217924yago:YagoPermanentlyLocatedEntityyago:Scandal107223811yago:SpeechAct107160883 New Facet based on Instances of this Class

Erupting in June 2008, the Grand Regency Scandal concerns the sale of the Grand Regency Hotel in Downtown Nairobi, Kenya, from the Central Bank of Kenya to an unspecified group of Libyan investors called "Libya Arab African Investment Company". The sale was directed by Finance Minister Amos Kimunya, leading to passage of near-unanimous censure of Kimunya by the Kenyan Parliament on 1 July 2008. On 8 July 2008 Kimunya submitted his resignation, and called for an investigation to clear his name.