AG says Kenya has recovered Sh3bn corruption funds - Kenya Satellite News Network
Connect with us

News

AG says Kenya has recovered Sh3bn corruption funds

Published

on

The government has recovered more than Sh3 billion from proceeds of corruption and money laundering in the past two years, with over 700 corruption cases ongoing across the country.

Attorney-General Paul Kihara says the State has frozen and recovered assets amounting to Sh2 billion in ongoing efforts at asset recovery, key among them Sh1.2 billion from the NYS 2 case.

“We have at least over Sh3 billion recoveries combined of corruption and money laundering cases.
“We are continuing with the financial investigations into the NYS case but we have also recovered assets that have been returned to the state,” said Mr Kihara in a speech on his behalf by Assets Recovery Agency Director Ms Muthoni Kimani on Monday.

The speech was read during an anti-money laundering and asset recovery workshop at the Radisson Blu Hotel, Nairobi.

Mr Kihara said the government stepped up its fight on corruption through the establishment of the National Task Force on Anti-Money laundering in 2015, which is responsible for increased investigations, arrests and prosecutions.

The task force is chaired by the National Treasury and has membership of AG, Financial Reporting Sector (FRC), law enforcement agencies and other institutions in the private sector which are key in regulating financial transactions and are under obligation to report suspicious transactions.
“Our focus on asset recovery has the highest political will from President Uhuru Kenyatta who has expressed his commitment in terms of the law and resources,” he said.

He was, however, concerned that advancements in technology had made it easy to move and hide illicit funds.

He cited rising challenges due to rising transnational organised crimes and crime syndicates in terrorism, corruption, counterfeits, wildlife, drug trafficking, cybercrime and human trafficking.

On her part, Ms Kimani explained that identifying and tracing the assets is a complicated process that takes time and needs multi-agency approach.

She said they were collaborating with the Directorate of Criminal investigations to deal with the cases.

“The police and the DCI deal with predicate offences like fraud, corruption and embezzlement, economic crimes and so when we go to them they give us the information and we investigate by following and tracing the assets,” she said.

She said they have seized cars, houses and other properties in the NYS 1 case and recovered Sh500 million, while many assets in NYS 2 amounting to about Sh2 billion have been frozen.

Business Daily

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Entertainment

We were not happy anymore – Lilian Muli speaks on split from ex-husband

Published

on

Days after K24 news anchor Betty Kyallo opened up to her Instagram followers that she is happy that her ex-husband Dennis Okari has moved on, Lilian Muli has taken a cue.

Speaking to Kalekye Mumo, Muli disclosed that her relationship with ex-husband, Moses Njuguna Kanene, came to a slow, grinding halt and they had to go their separate ways.

The Citizen TV anchor narrated that though the relationship was bliss at first, it reached a point where she felt “strangulated.”

She added that they mutually agreed to part ways and still remain friends to date.

I was young, I was a small girl. That seems like a long time ago but it was pretty romantic. He was my friend, he remain my friend to date. He is an extremely romantic gentleman and so he guided me a lot along that process, it is what it is, things didn’t work out. He is a person I respect to date

We were not happy anymore, and we just got to a place where you know we were not friends anymore, and I felt strangulated, I just felt that the Lilian I knew was getting suffocated in this environment and we mutually opted it was not working. We agreed to go separate ways. It is easier that way, there is no unnecessary drama. Once you have a child with someone really that person is your life forever,” Muli told Kalyekye.

Source: SDE

Continue Reading

Entertainment

PHOTOS: Langata MP Nixon Korir weds lover in exclusive ceremony

Published

on

A day after NTV anchor Dennis Okari exchanged vows with Naomi Joy in an invite-only ceremony along Kiambu Road, Saturday the 16th was Nixon Korir’s turn.

The Langata MP wedded his longtime lover Beryl Zoraima at an exclusive wedding held at the Karen Blixen Museum in Nairobi.

The event was graced by family and friends as well as the who’s who in the political and entertainment scene.

Take a look at photos from the ceremony below…

 

Source: SDE

 

Continue Reading

News

Murder most foul: Woman denies killing her ‘mother’

Published

on

Suspect is accused of stabbing elderly woman 15 times in the neck, chest and stomach

Bernadette Njoki Gachinga, 33, was adopted by Esther Wangari Kanuri at the age of three months after being dumped by her biological mother.

But, on the evening of February 23, 2014, Ms Kanuri was brutally killed by unknown assailants at her home in Kihuyo village, Nyeri town. The slain civil servant’s body was found by her husband, Michael Kanuri, lying in a pool of blood in her adopted daughter’s bedroom.

Ms Njoki turned out to be the prime suspect in the murder. It is alleged that she attacked her foster mother while she was taking tea in her living room and stabbed her more than 15 times in the neck, chest and stomach. She allegedly later dragged the body to her bedroom, locked it from the outside and escaped to Nyeri town.

Ms Kanuri, who was suffering from arthritis, had just arrived home from a church service at Kihuyo Presbyterian Church of East Africa.

Although Ms Njoki has since denied killing her foster mother, the court found that she has a case to answer.

During her defence at the High Court in Nyeri on Thursday, Ms Njoki admitted hating her foster mother. The court was told she made Ms Kanuri’s life a living hell after discovering she was not her biological mother.

Justice Abigail Mshila heard that Ms Njoki was a wild and indisciplined girl since her days in high school and was addicted to drugs like bhang and alcohol.

While being cross-examined by State Counsel Emma Gicheha and lawyer Gitonga Muthee for the deceased’s family, Ms Njoki admitted that she became errant and defiant to her foster mother after completing primary school education in 2001.

“I discovered that she was not my biological parent after snooping into a cabinet in the house that was always locked. I was 14 years then and I told my brother that we are adopted children. I became confused and escaped from home for one month to look for my biological mother but I later returned,” Ms Njoki said.

She admitted harbouring a grudge against Ms Kanuri for reasons she did not disclose. She said she was not bitter although Ms Kanuri had not told her she was adopted.

Ms Njoki is accused of stabbing her foster mother to death following an altercation caused by her indiscipline. The disagreement allegedly arose after Ms Kanuri asked her why she had not reported to her workplace in Nyeri town where she was operating a fruits parlour.

The prosecution told the court Ms Njoki, while in high school, wrote a letter to her foster father telling him how she hated her foster mother.

“Remember I wrote to you an SMS telling you that I hate mum. I was angry. I wish I got to know my real mother,” reads the letter.

Source: Daily Nation

Continue Reading
poapay3

Like us on Facebook, stay informed

NEWS TRENDING RIGHT NOW

2018 Calendar

February 2019
M T W T F S S
« Jan    
 123
45678910
11121314151617
18192021222324
25262728  
satellite-communication1.jpg

Trending

error: Content is protected !!