EACC WANTS A GOVERNMENT OFFICIAL’S KSHS.50M UNEXPLAINED ASSETS FORFEITED TO THE STATE

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Ethics and Anti-Corruption Commission (EACC) has moved to court to have the more than Kshs. 50.6 Million wealth belonging to a civil Servant forfeited to the State. This includes Kshs.36.7 million held in several accounts, four parcels of land in Nairobi, Donyo Sabuk and Matungulu in Machakos County and one motor vehicle.

The official who is working at the Treasury is accused of holding wealth which is not commensurate with his salary of Kshs.144,000 per month. The anti-graft agency, Ethics and Anti-Corruption Commission has targeted wants the more than Kshs.50.6 million belonging to the official forfeited to the government on suspicion that it could have been acquired illegitimately. The Commission argues that the official, who heads the Debt Management Department at the National Treasury, earns a monthly salary of Kshs.144,675 and net pay of Kshs.118,691.

It is alleged that, despite his salary translating to Kshs12.8 million from the net salary and allowances in a period of five years up to April 2020, he allegedly accumulated wealth totalling Kshs.96.6 million within that period. Accordingly, EACC is demanding the unexplained balance.

The official is said to have received Kshs.41.8 million credited to his accounts between April 1, 2015, and April 30, 2020. He also received Kshs.7.5 million through M-Pesa and Kshs.21.9 million in deposits, but he withdrew the money between April 1, 2015, and April 30, 2020.

“There is sufficient evidence to demonstrate that the respondent has unexplained assets to the tune of Kshs.45,426,196.70 and the said assets should be forfeited to the Government of Kenya, and any difference in value at the date of judgment should be paid to the government,” said the EACC in the petition.

Cases of unexplained wealth have been on the rise, with many public officials caught out on being wealthy beyond their known means of earnings.

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