EACC Recovers Sh2.7 Billion in Stolen Assets

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Nyakundi Report

Newsroom 1 min read

Primary source Kenyan Digest archive

This archive report was first published on 11 July 2019.

On Africa Anti-Corruption Day, the Ethics and Anti-Corruption Commission (EACC) revealed that it has recovered Sh2.7 billion in stolen assets over the past four months through alternative dispute resolution.

According to EACC Chief Executive Officer Twalib Mbarak, the agency has intensified its fight against corruption in the country.

Speaking in Nairobi on Thursday, Mbarak noted that the commission has recovered stolen assets worth approximately Sh2.7 billion in the last four months, compared to an average of Sh1.5 billion in the last five years.

Among the recovered properties is a University of Nairobi land on Galana Road that was grabbed and allocated to a private company, Aberdares Engineering Contractors Limited.

Other success stories include the recovery of a Kilimani plot next to the Yaya Centre, handed over to the University of Nairobi, and 140 acres of land in Naivasha.

The commission has also averted a loss of Sh5.8 billion through proactive investigations, mainly received from citizens and the media.

Twalib Mbarak emphasized that the EACC is focusing on 'unexplained wealth by public officers' to recover graft proceeds and is exploring the introduction of electronic money transfer for payments exceeding certain amounts.

Since January, the commission has secured 19 convictions through the prosecution of criminal cases against public officers and private individuals.

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