The Ethics and Anti-Corruption Commission (EACC) has moved to court to seek an injunction to seize Sh1.94 billion worth of assets owned by the former Kiambu Governor Ferdinand Waititu.
These are assets that Waititu accumulated between 2015 and 2020 before he was impeached over the misappropriation of public funds through the issuance of fraudulent procurement tenders to outsourced entities for services.
In a statement, EACC said investigations established that indeed Waititu abused his position of trust both as a Kabete MP and Kiambu governor for selfish ends.
“Investigations established that the Mr. Ferdinard Ndung'u Waititu Babayao abused his position of trust as a Member of Parliament - Kabete Constituency and later as Governor - Kiambu County for private gain by engaging in transactions which were in conflict with public interest and amassed wealth that was disproportionate to his known legitimate sources of income,” EACC said.
According to EACC, once Kiambu County made payments to the questionable entities awarded the tenders, they would later transfer the proceeds to various accounts registered under Waititu and his wife’s names.
“The contractors, upon payment transferred proceeds of the fictitious procurement contracts to Waititu, his wife (Susan Wangari) and their companies - Saika Two Estates Developers Limited, Bienvenue Delta Hotel and Bins Management Services Limited as kick-backs,” EACC said.
Waititu was also accused of trading directly with Kiambu County through companies registered under his wife and daughter namely Suwanga Limited, Connex Logistics Africa Limited, and Modiba Management Services Limited.
Waititu is said to have made Sh928,873,317 worth of bank transactions on his personal accounts while his wife handled Sh282,871,658.
During that period, Two Developers Limited, Bienvenu Delta Hotel and Bins Management Services Limited, all linked to Waititu transacted Sh906,329,068, Sh56,924,332 and Sh62,711,000 respectively and all the transactions amounted to Sh1,937,709,376.
EACC also said Waititu invested in 15 luxury properties whose estimated worth is between Sh10 million and Sh380 million in Nairobi and Kiambu to mask his fraudulent activities.
“Waititu acquired 5 luxury motor-vehicles, 15 properties including in upmarket suburbs of Runda, Migaa and Thindigua, and 3 multi-storey buildings situated in Nairobi Central Business District. Some of the assets are registered in the names of companies, namely Saika Two Estate Developers, Bienvenue Delta Hotel and Bins Management Services Limited,” EACC added.