The Ethics and Anti-Corruption Commission (EACC) has frozen Sh18 million belonging to a 30-year-old Financial Officer II at the National Treasury obtained through abuse of office and embezzlement of public funds.
This comes after EACC received information regarding allegations of embezzlement of public funds, and abuse of office by the financial officer named Tracy Njoki King’e via means of receiving extraneous and facilitation allowances.
The commission obtained orders from the High Court to freeze cash in excess of Sh18 Million in her various accounts in I&M Bank and Cooperative Bank, pending the conclusion of investigations.
According to the findings of the preliminary investigations, Njoki joined the National Treasury as a Finance Officer II from the Ministry of Industry, Trade and Cooperatives- State Department of Cooperatives where she had been previously employed since 2018.
She earned an average monthly salary of Sh50,954.53 between March 2020 and May 2022, which amounted to approximately Sh1,350,000.00 during the period under investigation.
During the same period, Njoki received a total of Sh37,000,000.00 as imprests, facilitation and extraneous allowance.
Between February 2020 and March 2022, Njoki received Sh24,119,926.00 as imprests, facilitation and extraneous allowance in her Cooperative bank account No. 01116124598700 while Between February 2022 and June 2022, she received Sh11,899,052.00 as imprests, facilitation and extraneous allowance in her I&M bank account No. 00403523442050.
Preliminary investigations also established out of Sh11.8 million received through her I&M bank account, a sum of Sh11 million was transferred to her fixed deposit accounts in the same bank while Sh498,000.00 was withdrawn in cash, leaving a balance of Sh400,000.00.
The investigations further established that out of Sh24 million received through her Cooperative Bank account, a sum of Sh4.6 Million was used to Purchase Treasury Bills, while Sh2.7 million is the balance in the account.