Royal Media Services billionaire SK Macharia in ugly fight with his grandson for his dead son’s billions

SK Macharia

Royal Media Service owner SK Macharia is caught up in an ugly court fight with his grandson Adam Kamau Macharia over the estate of his deceased son John Gichia Macharia who perished in a car accident.

At the center of the tussle is the estate valued at over Ksh1.2 billion which the grandson (Adam) now wants to be the administrator.

The Star reports that the vast estate is currently under the control of the media mogul who owns several Television and Radio stations under the RMS stable.

Adam moved to court in May last year seeking to stop his administrator grandfather from evicting him from their Loresho home.

Through his lawyer Peter Munge, Adam told the court that he was a minor at the grant of letters of administration intestate were issued to his grandparents but he is now an adult.

Court papers stated that “The applicant, Adam Kamau Macharia, is a son and the only child to the deceased, and hence the sole dependent of the Estate herein, whereas Dr SK Macharia is the father of the deceased and he is not a dependent of the estate”.

“The grant of letters of administration was issued on April 5 2019, to Dr Samuel Kamau Macharia and Serah Njeri Macharia, being the parents of the deceased.

“But it is on record that Serah had filed a notice of withdrawal, hence, the risk of leaving only one administrator of the state to SK Macharia who is not a dependent of the estate herein.” Read Court papers.

Adam further claims that his dead father owned a company known as AKM Investment Ltd, named after his initials, Adam Kamau Macharia and was also a major shareholder in Directline Assurance Company where he was the executive director.

The late John Macharia (right) and the wreckage of his Porsche 911 Turbo S

He accuses his grandfather of taking control of all the affairs of the companies without consulting him and has been directing funds to Royal Media Services.

Adamn also told the court that “There is an imminent risk of his grandfather through third parties evicting him and his mother from the said house”.

“However, one of the administrators is acting in a manner which amounts to intermeddling, including acting in conflict of interest by directing huge and expensive advertisement through his other businesses and hence his actions are affecting the value of the estate herein substantially,” the application reads.

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