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You have no powers to revoke title deed of my Taj Mall: Owner

The owner of the Taj Mall in Embakasi has said the National Lands Commission (NLC) has no power to revoke the title deed of the shopping mall.

This comes four months after the Lands ministry suspended the revocation of the title for the plot, stating that a revocation can only be done through a court order.

The multi-billion structure has been targeted for demolition to allow for the expansion of the Outering Ring Road. NLC officials have previously questioned the authenticity of the mall’s title deed.

On Thursday, the mall’s owner Ramesh Gorasia said that threats to revoke the mall’s title deed have hurt his business to the tune of sh25 million yearly.

“This threats of bringing down Taj mall have really been hurting my business since 2012. I have been making a loss of Sh25 million yearly over unoccupied spaces,”said Mr Gorasia.

He said that NLC should be prosecuting cartels at the Ministry of Lands who have been processing the fake allotment letters and title deeds.

“There is no short cut in law and tell the NLC to start cleaning the mess in the Ministry of Lands instead of hurting innocent people who are in this country to do business,” he said.

He added that he will not take the NLC to court, but instead wait for them to serve him with a court order.

Mr Gorasia said no tenant had left the mall as earlier speculated.

Mr Gorasia said he acquired the 1.75 acre land in 1991 and another two acres in 1995, both from Abuja Ltd. He then merged the two parcels and invested Sh 5.5 billion on the structure.