This archive report was first published on 12 July 2019.
On July 12, 2019, the Asset Recovery Agency (ARA) moved to freeze bank accounts of contractors who supplied goods and services to CMC di Ravenna, the Italian firm at the centre of the Sh21 billion Kimwarer and Arror dams scandal.
Fast Service Solutions, one of CMC di Ravenna's suppliers, is seeking the court's intervention after its account at Equity Bank was frozen following an application by the ARA.
The State agency has linked the money to proceeds of crime, arguing that the funds in the bank are part of the fraudulent cash obtained by CMC di Ravenna.
Director of Public Prosecutions Noordin Haji and his DCI counterpart, George Kinoti, are currently in Italy piecing together evidence to back up the fraud case.
Fast Service Solutions, however, says that it is not aware of the alleged fraud committed by CMC di Ravenna and that it only supplied business cards, and note pads to the company.
The firm asserts that ARA's application at the Anti-Corruption Court, which resulted in the order being granted, was based on speculation and misappropriation of readily explainable transactions conducted in the regular course of Fast Service Solutions' business.
The freeze orders are to remain in force for six months.
