5 Countries with Kenya's Stashed Billions

The Attorney General on Saturday wrote to seven countries seeking details of billions of shillings stashed in bank accounts abroad which are suspected to have been acquired through corrupt means.

Out of the seven, five known countries were claimed to have been approached by the government.

The named countries included the United Kingdom, Dubai, Mauritius, Switzerland and Australia, with reports claiming that the countries are an attraction to corrupt individuals that aim to hide the stolen money.

“Already, a number of assets that belong to Kenyans have been traced to the UK, especially in London.

"Dubai is the other place," stated a source in the Multi-Agency Task force as reported by Sunday Nation.

EACC deputy CEO Michael Mubea confirmed that the requests were made to a number of countries to aid in the investigations.

“We have made certain requests to certain countries and we are hoping for the best," stated Mubea.

Australia, became the most recent destination following investigation reports that discovered money stashed in an account in the European country by Migori Governor Okoth Obado.

Reports by the EACC indicated that the governor together with his children, had travelled to the named country in possession of Ksh 4.5 million.

An agreement was signed this year with the United Kingdom and Switzerland as part of the Framework for the Return of Assets from Corruption and Crime in Kenya through the Asset Recovery Agency which is headed by Muthoni Kimani.

The deal aimed to have a structured way of engaging in helping with the recovery of illegally acquired wealth stashed in their territories.

“The countries we have signed pacts with have agreed to co-operate with us in doing the investigations," remarked Kimani.

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