The Unclaimed Financial Assets Authority (UFAA) has urged 70 business entities, including eight government institutions, to assert ownership of monies lying idle in their possession.
In a notice published in a local daily dated Tuesday, February 20, the authority identified the El Nino Emergency Fund as one of the institutions.
Without revealing the exact amount the Fund is entitled to, UFAA asked its management to make a formal claim to obtain assets contained in its bank account assigned to the Government of Kenya.
Other institutions featured on the list included the Agriculture and Food Authority, the National Environment and Management Authority (NEMA) and the Community Development Trust Fund.
Moi Primary School, Kenya Hospital Authority, Coffee Board, and Itongo Dok Youth Polytechnic were also mentioned on the list.
"The Unclaimed Financial Assets Authority wishes to inform the below-listed persons and or their beneficiaries that it has received unclaimed financial assets in their names from various holders," read the call to action notice.
"Owners and or beneficiaries are requested to lodge their claim using the relevant forms and attach supporting documents."
When El Nino struck in the second half of last year, the government of Kenya launched an emergency fund aimed at crowdfunding funds to help the victims, a majority living in Northern and North Eastern regions.
The authority also indicated that in its possession were unclaimed assets belonging to 229 individuals ranging from estates in their names to mobile money transactions.
Last year, the authority embarked on an awareness campaign countrywide urging people to claim the assets.
Chairperson Francis Kigo Njenga explained that the push aims to ensure that once claimed, the funds will be reinvested back into the economy.
"We want Ksh52 billion to go back to the mainstream economy because that is the main objective of having this unclaimed assets authority," he told the press in May last year.
"We are in the process of telling people to come and get their money. We are doing a lot of advertisements, including printing names on the print media."
Individuals can confirm the status of any assets registered under their names by dialling the short code *361#.
