This archive report was first published on 24 June 2021.
On June 24, 2021, the Assets Recovery Agency obtained a court order to freeze assets worth Sh468 million belonging to a Kenyan official.
The official, identified as a deputy director in the Ministry of Transport, Infrastructure, Housing, and Urban Development, was accused of spending Sh279.5 million in cash between June and October 2019.
The court documents revealed that the official bought 11 apartments in Kileleshwa for Sh264 million in cash and spent another Sh15 million on 12 units in Ruaka.
Additionally, several bank accounts with a total of Sh94 million, a house in Nairobi worth Sh55 million, and land in Dagoretti worth Sh25 million were also frozen.
The court ordered that all rental income from the properties be deposited in an account operated by the ARA pending the determination of the case.
The official allegedly used proxies to acquire the properties in question in a bid to cover up ownership.
