Sharp Daily
No Result
View All Result
Wednesday, December 10, 2025
  • 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 Crime

Six KPA officials arrested in KES 62 million fraud case

Brenda Murungi by Brenda Murungi
January 24, 2024
in Crime, News
Reading Time: 2 mins read

Ethics and Anti-Corruption Commission (EACC) detectives, operating from the Mombasa Regional Office, have apprehended nine individuals in connection with counterfeit tenders valued at KES 62 million.

Among the apprehended suspects, six are identified as officials affiliated with the Kenya Ports Authority (KPA). As per the primary investigator, the accused orchestrated a deceptive plan aimed at misappropriating public funds through a tender granted to a company under their ownership.

The EACC has affirmed its intent to charge the arrested individuals with offenses including conflict of interest, fraudulent acquisition of public property, and the forgery of documents instrumental to the illicit scheme.

In the meantime, the accused individuals were presented before the Mombasa Anti-Corruption Court to respond to the charges brought against them.

RELATEDPOSTS

eacc

EACC exposes corrupt public offices in Kenya, highlighting widespread graft

February 12, 2025

EACC warns against family involvement in corruption

January 29, 2025

The presiding judge is anticipated to deliver a verdict today, with the Ethics and Anti-Corruption Commission (EACC) expressing optimism that the suspects will be remanded to facilitate further investigations.

The commission has not issued a comprehensive statement detailing the connection between the implicated officials and the company by the time this article was published.

It is reported that law enforcement officials traced the financial transactions of the suspects before apprehending them during the crackdown.

Despite this, the commission has affirmed its commitment to recovering the embezzled funds through the fraudulent activities of the implicated officials.

On January 23, the EACC initiated a crackdown targeting government officials accused of securing state positions using counterfeit certificates.

While speaking in Kisumu EACC Chairperson Bishop David Oginde emphasized that all salaries disbursed and funds allocated from the exchequer budget would be reclaimed.

 

Previous Post

Kenyan equities market sees sharp fall in trading activity in Q4

Next Post

Kenyans to monitor affordable housing progress through public portal

Brenda Murungi

Brenda Murungi

Related Posts

News

Role and Impact of Private Equity in Modern Financial Markets

December 9, 2025
News

Kenya’s banking sector: Resilience amid slow growth and rising costs

December 9, 2025
News

The quiet world of micro private equity

December 9, 2025
News

When Cash on the Balance Sheet Becomes a Liability

December 9, 2025
News

Teaching Financial Literacy in Kenyan Schools and Households

December 9, 2025
News

How Central Bank Digital Currencies Could Change Finance

December 9, 2025

LATEST STORIES

Role and Impact of Private Equity in Modern Financial Markets

December 9, 2025

KCB m-Pesa: Transforming digital lending and savings for kenyans

December 9, 2025

Kenya’s banking sector: Resilience amid slow growth and rising costs

December 9, 2025

The quiet world of micro private equity

December 9, 2025

When Cash on the Balance Sheet Becomes a Liability

December 9, 2025

Teaching Financial Literacy in Kenyan Schools and Households

December 9, 2025

How Central Bank Digital Currencies Could Change Finance

December 9, 2025

Competition in the Kenyan Banking Sector: The Market Share Standoff Between the Tier 1 and Tier 2/3 Banks

December 9, 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