The government of Kenya has successfully received over Sh.450 million ill-gotten money that was preserved in Jersey by a company that is connected to former Kenya Power boss Samwel Githuru.
The money had been confiscated by the authorities based in Jersey following a 8 year investigation on how Mr Gichuru and former Finance minister Chris Okemo stole and transferred the proceeds of crime to Windward trading Limited, a Jersey registered company.
The investigation into the case successfully left to conviction of company for money laundering that is said to have been facilitated by the two between 1999 and 2001.
While receiving the money at the State House, President Uhuru Kenyatta claims that despite the fact that corruption had deepen its roots, the government will not relent to fight it.
At the same time, the president witnessed the handing over 39 title deeds of the property recovered by the Ethic and Anti-corruption Commission (EACC) valued at Sh.5.2 billion which were later handed back to their respective institutions that held them in trust for the public.
The property include land worth Sh.2 billion measuring approximately 69.2 hectares belonging to the Kenya Railways Cooperation and a Sh.2 billion parcel of land belonging to the Kenya Agricultural and Livestock Research Organization.
Content created and supplied by: KenyanOutsider (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More