Kenya Recovers Ksh444 Million in Gichuru & Okemo Case

Former Kenya Power and Lighting managing director Samuel Gichuru (left) and former Finance minister Chris Okemo during a past court proceedings.
Former Kenya Power and Lighting managing director Samuel Gichuru (left) and former Finance minister Chris Okemo during a past court proceedings.
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Kenya has recovered ksh444 million from a corruption case involving former Kenya Power Managing Director Samuel Gichuru and former Energy Minister Chris Okemo.

The two are accused of stealing and hiding millions in offshore accounts in Jersey Island, United Kingdom (UK).

The agreement for the money to be returned to local taxpayers was struck by Kenyan and Jersey authorities.

Former Kenya Power and Lighting managing director Samuel Gichuru.
Former Kenya Power and Lighting managing director Samuel Gichuru.
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The deal indicated that the millions of shillings will be used for the purchase of medical supplies to distribute in counties considerably affected by the Covid-19 pandemic. 

The Royal Court of Jersey affirmed that Ksh526 million was seized out of the Ksh997 million from the offshore accounts.

From this, Ksh86 million worth of court expenses were deducted and the rest (Ksh444 million) will be reverted to Nairobi.

Both Gichuru and Okemo are set to appear before the Supreme Court which will determine whether they will be extradited to Jersey. 

If the court approves the extradition process and the two are found guilty, they could face a jail term of 14 years each.

The Jersey authorities have been seeking to extradite both Okemo and Gichuru, since 2011, to face money laundering charges in connection with a Jersey company, Windward Trading formed by Gichuru. 

Reports indicate that the company received bribes disguised as consultancy fees or commissions from firms that received tenders from Kenya Power and Lighting company.

However, a suspicious transaction was filed to Jersey authorities by Walbrook Trustees, the administrators of Windward Trading.

This ultimately led to the freezing of the offshore accounts in May 2002 pending investigations.

Kenyan Currency notes.
A photo of sample Kenyan currency notes.
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