Sharp Daily
No Result
View All Result
Thursday, January 1, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Former KeRRA deputy director faces seizure of assets in corruption ruling

Allan Lenkai by Allan Lenkai
November 30, 2023
in News
Reading Time: 1 min read

Former Kenya Rural Roads Authority (KeRRA) deputy director Ms. Margaret Wanjiru Muthui faced a High Court order to forfeit her extensive property holdings, deemed proceeds of crime.

The decision, following criticism from President William Ruto over legal maneuvers to resist a ministry transfer, comes after Muthui successfully contested her transfer in 2019.

Accused of acquiring properties illicitly, Muthui saw the High Court, presided over by Justice Esther Maina, ruling in favor of the Assets Recovery Agency (ARA). The court concluded that 35 apartments and over KES 95.0 million in bank accounts held by Muthui and associates were linked to corrupt activities.

Notable forfeitures include 11 Kileleshwa apartments purchased for KES 264.0 million in cash, a 12-unit building in Ruaka, a Collingham Gardens house in Nairobi, and Riruta, Dagoretti land. The court also directed the seizure of funds in various bank accounts.

RELATEDPOSTS

Vehicles.Photo/[Courtesy]

KERRA announces govt vehicle auction, here’s how to bid

February 7, 2024

The judgment emphasized the use of proxies, such as a grocery seller and students, to mask true ownership, with Justice Maina questioning the logic behind such choices and underscoring their role in obscuring beneficiaries.

Ms. Muthui defended her wealth, citing career and business earnings, but the court found her explanations unsatisfactory, leading to the ruling that stripped her of the contested assets.

This case marks a significant development in Kenya’s anti-corruption efforts, showcasing the government’s commitment to recovering assets obtained through illicit means. The decision underscores the consequences of corruption and the judiciary’s resolve in addressing such cases.

Previous Post

Government asks employers to continue housing levy deductions amidst court challenges

Next Post

Kenya in Saudi crosshairs to solidify oil dependence

Allan Lenkai

Allan Lenkai

Related Posts

News

Why Sustainable Businesses Think Long-Term

December 31, 2025
News

Why Financial Stability Matters More Than Rapid Growth

December 31, 2025
News

The Role of Financial Literacy in Long-Term Stability

December 31, 2025
Analysis

Kenyan news updates 2025: A year of change and resilience

December 31, 2025
News

The Psychology Behind Financial Decision-Making

December 31, 2025
News

How Incentives Shape Economic Behavior

December 31, 2025

LATEST STORIES

Why Sustainable Businesses Think Long-Term

December 31, 2025

Why Financial Stability Matters More Than Rapid Growth

December 31, 2025

The Role of Financial Literacy in Long-Term Stability

December 31, 2025

Kenyan news updates 2025: A year of change and resilience

December 31, 2025

The Psychology Behind Financial Decision-Making

December 31, 2025

How Incentives Shape Economic Behavior

December 31, 2025

Inside Nairobi’s serviced apartments market: performance, demand & Investment outlook (2025)

December 31, 2025

Kenya named in FBI probe linking Minnesota aid fraud to Nairobi

December 31, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024