Some 25 people are set to receive payments as claims from assets belonging to deceased individuals, a government agency has announced.
In the May 9 Gazette Notice, the Unclaimed Financial Assets Authority (UFAA) clarified the payments would only be made in the absence of any further objections to the claims that have been lodge by the listed beneficiaries. "Notice is issued pursuant to Regulation 12 of the Unclaimed Financial Assets Regulations, 2016, that the Unclaimed Financial Assets Authority has received claims for unclaimed assets from the following persons claiming as administrators of the estates of deceased persons and agents of the original owners," the notice read. "Further take notice that if no objection has been lodged at the offices of the Authority at the address below within thirty (30) days of the date of publication of this notice, payment will be made to the aforementioned persons." Unclaimed Financial Assets Authority offices at Pacis Centre along Waiyaki Way in Westlands.
Photo UFAA Besides individuals, those listed to receive these payments are private and government agencies, including the DCC of Muranga East sub-county, DCC Juja, DCC Nyahururu and DCC Njoro, as well as Public Trustees in Nairobi, Embu, and Machakos.
For the most part, the holders of these assets are local banks and large corporations.
