Top Treasury official on EACC's radar over allegations of embezzling KSh83M
- EACC says: "An analysis of [Faith Jematia Kiptis] transactions raises reasonable suspicion that said properties may have been acquired in the period when she is reasonably suspected to have engaged in corrupt conduct, from public funds suspected to have been corruptly acquired through her bank account at Equity Bank Kenya Limited..."
The Ethics and Anti-Corruption Commission (EACC) is investigations a National Treasury official over allegations of embezzling KSh83 million of public funds.
The anti-graft body says that Faith Jematia Kiptis may have acquired the said KSh83,434,268 in assets through corruption means.
On 19th July 2022, EACC obtained orders freezing monies totaling to KSh8,764,087.72 against said official in her bank accounts at Equity Bank Kenya Limited and Kenya Commercial Bank Limited.
Further investigations indicate that she may have acquired prime properties using the suspected proceeds of corruption.
The properties include;
i) Apartment number K51, Block K, contained in LR No. 12581; I.R. 212637 located in Syokimau.
ii) A plot measuring approximately 1/8 of an acre situated in Shanzu, Mombasa;
iii) A Plot measuring approximately 1/8 of an acre in Kilifi.
The aforementioned property, EACC says, were acquired within the period of investigations, i.e. from January 2020 to June 2022.
On 2nd November, 2022, High Court's Anti-Corruption Divisio judge Esther Maina granted preservation orders sought by EACC prohibiting Jematia, her agents, servants or any other persons from transferring, disposing of or in any other way dealing with the said properties pending conclusion of investigations.
The orders will be in force for a period of six months.
- Advertisement -