By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Newsunplug KenyaNewsunplug KenyaNewsunplug Kenya
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Reading: Court Orders Freeze on Ksh62M Seized from Former CS Ukur Yatani’s Nephew
Share
Notification Show More
Font ResizerAa
Newsunplug KenyaNewsunplug Kenya
Font ResizerAa
  • News
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Newsunplug Kenya > Blog > Metro > Court Orders Freeze on Ksh62M Seized from Former CS Ukur Yatani’s Nephew
MetroNews

Court Orders Freeze on Ksh62M Seized from Former CS Ukur Yatani’s Nephew

Ivy Irungu
Last updated: May 6, 2024 10:51 am
Ivy Irungu
1 year ago
Share
SHARE

The Ethics and Anti-Corruption Commission (EACC) has obtained orders from the High Court to freeze USD 460,000 (Ksh62,100,000) seized from Ibrae Doko Yatani, the nephew of former Treasury cabinet secretary Ukur Yatani. This action is part of an ongoing investigation targeting Ukur Yat

The freezing orders, issued by Justice Esther Maina on Friday, May 3, 2024, will remain in force for six months.

Reasons and Suspicions

According to court documents, the possession of the amount by Ibrae Doko Yatani raises reasonable suspicion that it may constitute proceeds of corruption, unexplained wealth, or involvement in money laundering. The EACC stated its intention to investigate the source of the funds.

Irregular Transactions

During the period of interest, Ibrae Doko Yatani, through his company Al Habib Enterprises, allegedly irregularly received Ksh 71,790,897 from the County Government of Marsabit.

Concerns and Potential Actions

EACC expressed concern that without court intervention, Ibrae Doko Yatani might demand the unconditional release of the cash and dispose of or transfer it, potentially thwarting forfeiture proceedings and harming public interests. Additionally, the frozen amount may serve as evidence in potential criminal charges.

READ MORE  State asked to look for additional financing for financially strapped HELB

Ongoing Investigations

Ukur Yatani, along with top Marsabit County officials and close family members, is under investigation for various offenses, including theft of public funds, abuse of office, procurement irregularities, conflict of interest, and unexplained wealth.

Chiloba Defends Kassait In Worldcoin Saga, Blames Regulatory Lapses
Holder of gun used in killing man in a Ugandan banking hall dismissed from police force
The G7 intends to finance Ukraine using frozen Russian assets
Update: Britain and US ‘to carry out airstrikes against Iran-backed Houthi rebels in Yemen tonight’
Parents struggle with high costs as schools reopen for second term
Share This Article
Facebook Email Print
Previous Article Coast Media FC Claims Victory in World Press Freedom Day Beach Super Cup
Next Article Lyles and Thomas Lead USA to Victory in World Relays
about us

We influence 20 million users and is the number one business and technology news network on the planet.

Recent Posts

  • Chelsea are planning a contract until 2031 for Xavi Simons. Personal terms are verbally agreed, with written details set to be finalised next week.
  • Liverpool finally have their new Philippe Coutinho with £100m transfer inevitable
  • RB Leipzig Close in on Harvey Elliott as Liverpool Midfielder Eyes Xavi Simons Role
  • Jay-Z officially becomes World’s richest musician with $2.5 Billion net worth
  • Mombasa blogger who was sodomised decries abandonment, says life in danger

Recent Comments

No comments to show.
Newsunplug KenyaNewsunplug Kenya
© Newsunplug Kenya. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?