EACC ordered to hold Yatani's Ksh. 62M amid money laundering investigations

High Court has issued an order to The Ethics and Anti-Corruption Commission (EACC) to preserve Ksh.62M it seized in the on-going investigation into former Cabinet Secretary and Marsabit Governor Ukur Yatani.

Speaking on Friday, May 3, Justice Esther Maina issued the freezing orders that will last for a period of six months.

“I am satisfied that there are reasonable grounds laid for the preservation of the funds. An order be and is hereby issued allowing the applicant to continue to detain 4,600 pieces of US Dollars 100 denomination seized from the Respondent's residence on 24th April 2024. The order shall be for a period of six months as provided in Section 56(3) of the Anti-Corruption and Economic Crimes Act (ACECA). The order shall be served upon the Respondent within 7 days of today's date. That there be no order as to costs. It is so ordered.” The court stated

The money is said to have been seized from his nephew Ibrae Doko Yatani.

According to the EACC, Yatani is alleged to have been involved in money laundering activities. However investigations are still being carried out.

 


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