Thursday, 23 May 2024 - The Supreme Court has allowed the Ethics and Anti-Corruption Commission (EACC) to seize Sh113.9 million cash in the bank belonging to former Nairobi Chief Finance Officer Jimmy Kiamba and 7 prime properties in Runda, Dennis Pritt Road and South C in Nairobi with an estimated value of over Ksh 500 Million.
The court dismissed
Kiamba’s final attempt to appeal the Court of Appeal decision which had
affirmed the High Court’s finding that he and his associates were in possession
of unexplained wealth.
Kiamba had moved
to the Appellate Court seeking to overturn the High Court’s decision that he
had unexplained assets.
Jimmy
Kiamba was earning Sh90,000 as Chief Finance Officer.
After
five years only, he had accumulated over half a billion in wealth.
See photos of his palatial mansions that have been seized.
The
Kenyan DAILY POST.
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