ICT and Digital Economy CS nominee William Kabogo has revealed that his net worth is Sh3.01 billion in assets.
Kabogo, who on Tuesday appeared before the National Assembly Committee on Appointments, said the net worth consists of residential houses, movable assets, cash, land and farm.
“My total net worth is Sh3.01 billion, Sh. 700 million for residential houses, movable assets of about Sh40 million and cash and current assets of about Sh64 million,” Kabogo said.
He added that he has about Sh756 million in land and farms and approximately Sh1.5 billion in interests and shares.
The CS nominee revealed he owned a chopper when he was young, he, however, said that he sold it.
“I could fly it myself, I am a pilot but when I could not fly as much, I decided to let it go,” he said.
If approved by MPs, Kabogo will take over the docket left vacant following the exit of immediate former ICT CS, Margaret Ndung’u.
Kabogo told MPs that he is banking on his track record during his reign as the Kiambu Governor to initiate transformative policies in the Ministry of Information, Communication, and the Digital Economy.
Kabogo, who previously also served as Juja MP, said the digital space was not a new thing to him “and that gives me a head start”.
“Why I think this is a good job for me is that I managed while at Kiambu to digitise the entire revenue collection in Kiambu county,” Kabogo said.
He said this enabled the county to more than triple its annual revenue from Sh800 million to Sh2.7 billion within just 14 months.
“I also managed to digitise the health systems such that there would be seamless work by doctors in treating Kenyans in all our Kiambu hospitals,” he added.
“I also had managed Information management systems for Kiambu county so that from a dashboard I would be able to know exactly what’s happening in each of the ministries.”
While serving as the Kiambu governor, Kabogo attributed the rise in on-source revenue collection to the automation of payment services that enabled residents to pay for public services using mobile money and credit cards.