Home Africa Kenya: Man Loses Ksh35 Million Liquid Cash to Govt After Court Ruling

Kenya: Man Loses Ksh35 Million Liquid Cash to Govt After Court Ruling

Kenya: Man Loses Ksh35 Million Liquid Cash to Govt After Court Ruling

Rédaction Africa Links 24 with Kenyans.co.ke
Published on 2024-12-29 15:23:27

A man has been ordered to surrender Ksh35 million currently in his bank account after the funds were deemed to have been acquired fraudulently.

Through a Gazette notice signed by High Court registrar and deputy registrar Clara Otieno and Evelyn Gaithuma respectively, the individual was slapped with Forfeiture Orders, meaning he was, by law, required to surrender the money in his bank account.

“In exercise of the powers conferred by section 92 (5) of the Proceeds of Crime and Anti-Money…

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