Deputy President William Ruto has been removed from the list of investors who had unclaimed assets taken over by the Unclaimed Financial Assets Authority (UFAA)
UFAA had taken DP Ruto’s unclaimed dividends accrued from his shares at Safaricom limited.
The Deputy President was among top politicians on the list which also included National Super Alliance (NASA) principal Kalonzo Musyoka.
The Authority, however, declined to specify the value of the assets seized from the two leaders.
Speaking to Kenyans.co.ke, an official from UFAA, Paul Muya, stated that DP Ruto’s name was taken off the list after he made a claim on the idle assets.
[caption caption=" UFAA CEO Kellen Kariuki (center)"]
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“He came and made a claim of the assets and made the required payments. We do have any unclaimed assets under his name,” Munya stated.
“When anyone claims the assets, their name is definitely removed from our list as we have nothing belonging to them,” he added.
The law requires companies to hand over to the State different categories of idle assets whose owners have not claimed for up to five years.
In the past, idle assets belonging to prominent people, including the families of former Presidents Daniel Arap Moi and Mwai Kibaki, the father of former US President Barack Obama and the late Interior CS Joseph Nkaisserry, have been surrendered to the State.
In August, UFAA stated that Kibaki's family had lodged a claim, but the name of former First Lady the late Lucy Kibaki remained in the list.
[caption caption="Former President Mwai Kibaki"]
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