Assets Recovery Agency to Seize Assets of NHIF & KPC Graft Suspects
It is not relief yet for the Kenya Pipeline and NHIF graft suspects after the Asset Recovery Agency announced that they would freeze their assets in a bid to recover the missing billions.
The body has compiled a dossier of the suspect’s wealth profiles, listing their assets and now seeks to seize their properties and accounts.
Some of the assets listed for seizure include prime properties and palatial mansions in the city’s most desired estates including Karen.
Just recently, a story about a regular NHIF receptionist broke the internet after it was reported that he owned houses worth over Kshs100 million and businesses worth Kshs50 million.
The seizure comes at a time when the officials were arraigned in the Milimani Law Courts to face charges ranging from abuse of office and corruption.
The KPC officials, including outgoing company boss Joe Sang, who are at the centre of an alleged scandal involving over Kshs1 billion, were released on a Kshs2 million bail each.
They are set to appear in court again on January 22, 2019.
The Assets Recovery Committee has had a busy year trying to recover government resources from various graft suspects.
They were involved in cases ranging from the National Youth Service saga, Kenya Revenue Authority and the National Cereals and Produce Board.
They were successful in freezing some suspect’s assets including 10 accounts bearing over Kshs32 million belonging to former Youth PS Lillian Omollo.
The Committee, however, encountered setbacks in some cases after discovering that some suspects had already transferred their assets.
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