Wiper Patriotic Front leader Kalonzo Musyoka says he declared wealth worth about Sh50 million in 2022, while estimating that the figure would be between Sh55 million and Sh60 million today after accounting for inflation.
The former Vice President gave the estimate during a television interview on Monday, as questions about the wealth of presidential hopefuls gain attention ahead of Kenya’s 2027 General Election.
Asked how much he was worth in 2022, Kalonzo said he believed the figure was “about 50 million Kenyan shillings”.
He was then asked what the amount would be worth today.
“So we adjust for inflation. We say right now maybe 55, 60. Maybe,” he said.
Kalonzo stressed that the figures were only an approximation. He said he did not have his previous wealth declaration with him and would need to consult the records he filed with Parliament before giving an exact figure.
“When I say approximate, I mean, I’m just talking about approximate. I can look at what I filed last time and adjust for inflation,” he said.
The Wiper leader also rejected suggestions that the estimate might leave room for undisclosed assets.
“Hidden? I don’t have hidden wealth, for goodness sake,” he said.
He further denied holding money in foreign bank accounts, either personally or through associates.
“No foreign account anywhere in my name or in any of my associates’ names,” he said.
Kalonzo said his financial circumstances should also be considered in light of his long absence from public office. He said he has not earned a government salary for about 15 years and now depends on his pension.
“I’m not earning any salary. I’m living on my pension, by the way,” he said.
He promised to check the declaration he submitted to Parliament and provide the precise details, noting that the document is publicly available.
“I’ll check for you and give it to you; it’s not a problem. It’s public. It’s actually filed. So, I’ll check and bring it over to you,” he said.
The remarks come as Mr Kalonzo intensifies his preparations for the 2027 presidential election.
He said he intends to seek the presidency again and hopes to appear on the ballot under his rebranded political alliance. He previously contested the presidency in 2007.
Kalonzo also pointed to his long career in politics and government as part of his case for the presidency. He argued that his experience could help guide the country through what he described as a need for a “new beginning”.
His campaign, he said, would focus on cleaner government, transparency and the fight against corruption.
“At my age, Kenyans can trust. Why would I want to steal? Why would I want to go after public assets and own them and get land, massive chunks of land? Why?” he said.
Kalonzo described his political programe as a “rescue mission” for Kenya, linking it to concerns among younger voters over corruption, accountability and the management of public resources.
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