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 Laundering Act, 2009, this Honorable court issues orders declaring that Ksh35,000,000 are proceeds of crime and liable for forfeiture to the Government of Kenya," part of the Gazette Notice read.
The case was initially filed in 2022 when the individual in question's wealth came under scrutiny after an applicant filed a motion in court.
A person counting money in Kenyan currency.
