Sharp Daily
No Result
View All Result
Tuesday, August 12, 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

Crime

Why Syokimau, a satellite town is attracting real estate investors

July 31, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Crime

Why Athi River deserves your investment

June 24, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025

LATEST STORIES

Segregated Pension Schemes in Kenya Q2’2025 Performance

August 8, 2025
Asset allocation dividing an investment portfolio among different asset categories.

Building a Retirement Portfolio in Kenya

August 8, 2025

Steps banks can take to align with fair lending practices

August 7, 2025

The hidden cost of outdated economic statistics

August 7, 2025

EABL posts 12.2% profit surge, strengthens regional footprint despite rising illicit trade

August 1, 2025
1049795356

Maximizing Your Pension Contributions

August 1, 2025

The functional role of narrative in financial markets

August 1, 2025

Tanzania’s protectionist shift and what it means for Kenyan entrepreneurs and regional trade

July 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