EACC Puzzled by Treasury Employee's Ksh 96M Wealth

A file iumage of the National Treasury
The National Treasury offices at Harambee Avenue, Nairobi
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The Ethics and Anti-Corruption Commission (EACC) has turned its gaze towards a Treasury Ministry employee who amassed Ksh96.6 million wealth in just 5 years.

A report by Business Daily on Thursday, July 15, indicated that the commission was seeking to recover assets valued at Ksh50 million from the suspect identified as Charles Muia Mutiso.

The agency argued that the monthly salary drawn by the official did not support his immense wealth.

According to EACC, Mutiso earns a basic salary of Ksh 144,000 for his role as the head of Debt Management Department at the Ministry.

Ethics and Anti-Corruption Comission (EACC) Offices at Integrity centre Building in Nairobi. ‎Monday, ‎18 ‎November ‎2019.
A photo of the Ethics and Anti-Corruption Commission (EACC) Offices at Integrity Centre in Nairobi taken on ‎November 18, ‎2019.
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Kenyans.co.ke

From the pay, the estimated income for the official is pegged at Ksh12.8 million for 5 years, a period he amassed Ksh96.6 million.

The agency noted that the money had been spread in various assets and Ksh36.7 million was stored in various bank accounts.

He also reportedly owns four parcels of land in Nairobi, Ol Donyo Sabuk and Matungulu.

"There is sufficient evidence that the respondent has unexplained assets to the tune of Ksh45,426,196.70 and the said assets should be forfeited to the government of Kenya and any difference in value at the date of judgement should be paid to the government," stated EACC.

The wealth was reportedly obtained between April 1, 2015 and April 30, 2020 including a transaction of Ksh7.5 million through the employee's mobile wallet.

He joined the treasury as a senior assistant director, external resources in 2014 and climbed up the ladder.

In June 2020, another employee from Treasury was at the EACC's crosshairs after being accused of embezzling public funds to create Ksh100 million wealth in three years.

The suspect, Patrick Abachi, who served as a junior accountant, could not explain to the EACC how he was able to amass the wealth on a Ksh53,900 salary. 

"Our investigations have revealed that he was directly involved in the transactions and payments relating to Anglo-Leasing scandal when he was working at the Treasury between 2003 and 2007.

"There is no way he could have acquired the assets within that period with his salary," claimed EACC.

The wealth was spread out in the form of prime properties, according to an investigation by the EACC, involving parcels of lands and high-end houses.

A court Gavel.
A court Gavel.
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