In my observations, Mt Kenya Foundation, the group of powerful businessmen from President Kenyatta backyard have decided to take convert in Uhuru succession and elbowed out Mt Kenya Unity Forum, for proactive against political interference to private sector witnessed during Moi era, and for Odinga family, Mzee Jomo Kenyatta regime.
In 1979, Madhupaper International Kenya Limited, a tissue production company was founded by S K Macharia an ardent ally of Odinga family. On 25 October 1985, Kenya Commercial Bank placed it under receivership in what Macharia believes was political persecution by Moi government.
In 1975, the National Bank of Kenya controversially recalled loan facility of Lolwe Bus Company despite being serviced. The auctioneers re-possessed all 32 buses owned by Lolwe Bus Company , a company founded by Jaramogi Odinga. This according to ‘In the Shadow of My Father‘ Oburu Odinga’s autobiography.
‘Black Thursday’ the worst day for the Wall Street, New York, Stock Exchange was 24 October 1929, when millions of shares were sold. Altogether, in three days, 12 millions shares changed hands. I presume this what Peter Munga, who heads the Mt Kenya Foundation opine DP Ruto was trying cause when he [Ruto] implicated Equity Bank with the fugitive’s dealings. So, wary of DP Ruto leadership.
In a nutshell, it is endorsement of purpose. Noting the Constitution of Kenya 2010, have check and balance that will tame Raila if he try to veer off the democratic rail unlike the independent constitution.
In brief, Mt Kenya Foundation came in to fill the political void in Mt Kenya after found it wavering coupled business interests.