The High Court has frozen properties owned by the director of Goldenscape Greenhouse Limited Peter Wangai Muriithi, awaiting the determination of a case filed by the Assets Recovery Agency (ARA).
Justice James Wakiaga ordered a caveat to be placed against 15 parcels of land scattered in Laikipia and Kajiado counties, six vehicles and five motorcycles belonging to Mr Muriithi and his companies.
Mr Muriithi was charged before a Nairobi court in March with obtaining millions from Kenyans by promising them good returns for investing in greenhouses. He denied a total of 21 counts for allegedly luring Kenyans to invest in greenhouses that were to be set up in Ol Kalou and Nyahururu in Nyandarua County.
Judge Wakiaga issued an order directing the respective Land registrars to register a caveat against the titles of each of the land parcels specified. He also ordered the Director-General National Transport & Safety Authority to register a caveat against the motor vehicles and the motorcycles.
ARA moved to court saying investigations established that Mr Muriithi, through his companies was involved in a scheme of money laundering, using funds received from the public, which were later transferred to his bank accounts, companies or business entities, which he owns. The agency also revealed that Mr Muriithi later used the illegally acquired funds to purchase properties using his companies.
Further, the agency raised concerns that there was imminent danger that the accused might dispose, transfer and dissipate the said properties as there are no court orders currently preserving the assets mentioned.
The ruling by Anti-Corruption Court Judge Wakiaga is a good sign that the Judiciary is aiding the fight against corruption and curtailing fraudsters to save Kenyans’ hard-earned money and boost the country’s economy.