Court Orders Freeze on Tycoon Humphrey Kariuki's Assets

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Nyakundi Report

Newsroom 1 min read

Primary source Kenyan Digest archive

This archive report was first published on 15 August 2019.

On August 9, 2019, the Director of Public Prosecutions (DPP) obtained orders preserving the properties and freezing all accounts and assets of businessman Humphrey Kariuki.

The assets include aeroplanes, ships, and other immovable property, as per the orders granted by Milimani Resident Magistrate Caroline Nzibe.

However, Humphrey Kariuki has filed an application seeking to reverse the orders, arguing that the court erred in seizing properties of Wow Beverages Limited.

Through his lawyer Benjamin Musyoki, Mr. Kariuki claims that the orders have the effect of shutting down, crippling, and thwarting the business of Wow Beverages Limited.

"In view of the grave excessive, punitive, and unjustified harm loss, damage, and prejudice, Wow suffers loss of business," says Mr. Musyoki.

Mr. Kariuki also alleges that the orders were obtained in bad faith since he did not take plea on August 9, 2019, but on August 19, 2019.

He further claims that the order is an attempt by the DPP to usurp powers vested in him and is an abuse of a court process, contrary to the Constitution.

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