Categories: News

EACC Recovers Billions, Targets Cross-Border Corruption Crackdown Drive

Nairobi: The Ethics and Anti-Corruption Commission (EACC) has recovered corruptly acquired assets and unexplained wealth valued at approximately Sh28 billion over the past five years, according to EACC CEO Ali Mohamud. The commission is currently pursuing more than 400 cases involving assets worth around Sh50 billion.

Speaking during a high-level anti-corruption forum in Nairobi, Mohamud stressed the need for united cross-border efforts to dismantle corruption networks. “Those who engage in corruption should not be allowed to retain their ill-gotten wealth. Asset recovery must be central to Africa’s war on corruption,” he said.

Among the recovered properties are land parcels in Nairobi, Kisumu, Uasin Gishu, Bungoma, Kisii, and Nakuru. Notably, a 52-acre plot recovered from private hands is now being developed into an affordable housing project in Nairobi’s Industrial Area.

Other recoveries include prime properties in Karen, Nairobi, Sh13 million from businesswoman Nancy Kigunzu (aka Mathe wa Ngara), and Sh14.6 million from ex-Samburu Governor Moses Lenolkulal. The EACC is also pursuing Sh2 billion in unexplained assets from former Kiambu Governor Ferdinand Waititu.

The forum gathered key African anti-graft officials, including AUABC chairperson Seynabou Ndiaye, High Court Judge Lucy Njuguna, and GIZ’s Kathinka Kurz. The leaders signed a 16-page charter committing to enhanced asset recovery, regional collaboration, and protection of whistle-blowers.

Ndiaye revealed plans by AUABC to launch a digital platform for real-time tracking of asset recovery cases. Mohamud also disclosed that Kenya had joined other African states in an agreement to recover assets hidden abroad, emphasizing that transparency and justice must guide the continent’s anti-corruption journey.

Clarence Biama

Recent Posts

Shelter Afrique Development Bank Unveils New Brand Identity as it Marks 45th Anniversary

Shelter Afrique Development Bank (ShafDB) has unveiled a new brand identity, including a new logo,…

14 hours ago

Smaller Banks Race to Meet Tougher Capital Rules as Regulatory Pressure Mounts

Four banks reportedly remain below the minimum capital requirement set by regulators. With higher thresholds…

1 day ago

Spiro Taps New CEO to Drive Expansion Following $215 Million Funding Boost

Spiro has appointed a new Group CEO as it accelerates its expansion plans across Africa.…

1 day ago

Absa Headlines 2nd Ihs Kenya Affordable Housing Conference as Industry Seeks Scalable Solutions

Nairobi, Kenya, June 09, 2026 – Absa Bank Kenya has partnered with International Housing Solutions…

2 days ago

Airtel Kenya Expands Nairobi Customer Service Network with Four New Outlets

Airtel Kenya has expanded its retail and customer service network in Nairobi by launching four…

2 days ago

Olorgesailie National Monument Where Humanity Learned to Make Tools

Olorgesailie, 70km south of Nairobi, wasn’t always dry earth and scattered stones. 1.2 million years…

3 days ago