The Ethics and Anti-Corruption Commission (EACC) has been granted orders by the High Court to freeze assets worth Ksh. 216 million belonging to a senior KETRACO manager.
EACC alleges that the manager, Peter Maina Njehia, was unable to explain the sources of his wealth, hence the move to freeze the assets in the form of money and property.
The property owned by Maina includes 35 parcels of land worth Ksh. 88.9 million, nine motor vehicles valued at Ksh. 21.6 million and Ksh.76.4 in bank deposits.
Other belongings that were recovered include MPESA accounts (Ksh.15 million), cash (Ksh.1 million), investments in SACCOs (Ksh.73.8 million), investments in FEP holdings (Ksh. 1 billion) and Ksh. 171, 391 worth of shares in listed companies.
According to papers tabled in court by the EACC, Maina’s legitimate income since January 2021 include a net salary of Ksh.35.7 million, Ksh. 4.4 million per diems and Ksh237 million in disproportionate income.
Maina’s accomplice Juliet Hellen was also reported to own Ksh.15 million in M-Pesa accounts which the high court ordered for freezing too.
KETRACO has been at the center of corruption accusations, with former CEO and current Kakamega governor Fernandes Barasa being grilled earlier this month.
Barasa allegedly oversaw irregular payments of money to some companies in the form of penalties which EACC says may have caused the taxpayers about Ksh. 18 billion.
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