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| Kenyan minister offers to resign | Kenyan minister offers to resign |
| (10 minutes later) | |
| Kenyan Finance Minister Amos Kimunya has offered to step down during an investigation into the controversial sale of a luxury Nairobi hotel. | Kenyan Finance Minister Amos Kimunya has offered to step down during an investigation into the controversial sale of a luxury Nairobi hotel. |
| "I have requested the president to allow me to step aside to facilitate this inquiry," Mr Kimunya said. | "I have requested the president to allow me to step aside to facilitate this inquiry," Mr Kimunya said. |
| The controversy over the sale of the Grand Regency hotel has split Kenya's coalition cabinet. | The controversy over the sale of the Grand Regency hotel has split Kenya's coalition cabinet. |
| The power-sharing government was formed to end weeks of violence that followed Kenya's presidential election. | The power-sharing government was formed to end weeks of violence that followed Kenya's presidential election. |
| Mr Kimunya is a close ally of President Mwai Kibaki. | |
| He has denied reports that the hotel was sold to a local company with Libyan interests for a third of its value. | |
| "As I stated before, my conscience is very clear, and I maintain the position that I am open to an independent inquiry into the sale of the Grand Regency Hotel," Mr Kimnuya said at a press conference. | |
| A government inquiry led by the attorney general last week recommended that Mr Kimunya be suspended. | |
| Parliament also passed a vote of no-confidence in him. |