EACC seeks to seize Migori Governor Okoth Obado's Sh73m assets - News Summed Up

EACC seeks to seize Migori Governor Okoth Obado's Sh73m assets


Migori governor Okoth Obado. (Collins Oduor, Standard)Migori Governor Okoth Obado is in trouble again after the anti-graft agency moved to seize his assets worth Sh73 million purchased using funds they claim were embezzled from his county government. EACC wants Obado, his children and his proxies compelled to forfeit to the State the house and the two luxury vehicles, claiming that they are proceeds of crime acquired through funds stolen from the County Government of Migori. Take a surveyAccording to EACC, financial investigations of the bank statements of accounts operated by all the listed companies revealed a money laundering scheme. “The transactions showed huge cash withdrawals and several wire transfers from the respective bank accounts to Kwaga for onward transmission to the governor indirectly through his children and for purchase of the properties,” said Simiyu.


Source: Standard Digital May 19, 2021 17:00 UTC



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