Kenya will receive Sh380 million suspected to be proceeds of corruption, that had been stashed in Jersey Island by former parastatal chief Samuel Gichuru and former Energy minister Chris Okemo. This follows an agreement on March 3, 2016, between the governments of Jersey and Kenya that will see the return of the assets. Last year, Jersey Island seized Sh520 million in an offshore account. During the period on the indictment, Gichuru was the chief executive of the Kenya Power and Lighting Company the statement says. Jersey Authorities have been pushing for the extradition of Okemo and Gichuru to face money laundering and fraud charges in Jersey in connection with Windward’s activities.

Source: The Star March 07, 2017 21:33 UTC