Home General EACC freezes Obado’s bank accounts over 2.5 billion – Local – Pulselive.co.ke

EACC freezes Obado’s bank accounts over 2.5 billion – Local – Pulselive.co.ke

by kenya-tribune
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The Ethics and Anti-Corruption Commission (EACC) has cracked the whip on embattled Migori governor Okoth Obado, freezing his bank accounts over suspicious transfer of funds.

EACC made the move after what is suspected to be irregular transfer of county funds to Obado’s children in Australia, Hong Kong and China.

Documents filed by the EACC revealed that suppliers who are alleged to be Obado’s proxies were awarded and paid “inflated and fictitious contracts” amounting to Sh.2.5 Billion.

The funds were then transferred to among others, Obado’s children in Australia, Hong Kong and China.

The suspicious transactions were made in a span of five years durig a period which Kenya witnessed unprecedented levels of corruption both at the county and national government.


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File image of Okoth Obado with his family when he distanced himself from the murder of Sharon Otieno (Courtesy)

 

EACC disclosed that “the preliminary investigations have raised reasonable suspicion that the embezzled public funds have been used by the governor, his wife and the said close proxies, the respondents herein, to accumulate property and illicit wealth”.

Asset recovery agencies have also frozen the accounts of Obado’s wife Hellen Adhiambo Odie and five other businessmen believed to be part of the wider scheme to siphon public funds.

Those whose accounts have been frozen include Jared Peter Odoyo Oluoch Kwaga, Ernest Omondi Owino and Joram Opala Otieno.


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File image of Sharon Otieno (Courtesy)

 

The move comes at a time when the governor is in police custody over the gruesome murder of Sharon Otieno.

Miss Otieno was pregnant for the governor and had demanded a house worth Sh 35 Million before her murder.



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