Topic: Assets Recovery Agency
Kiwipay caught in legal quagmire over Sh811 million lying in Ecobank accounts
Jan 08, 2024 at 06:36 PM
Kiwipay, entangled in a legal dispute over Sh811 million, faces heightened scrutiny as detectives investigate three bank accounts at Ecobank Kenya Ltd....
Ex-KeRRA official forfeits properties and millions to State in high-stakes legal battle
Nov 30, 2023 at 01:22 PM
In a recent court ruling, Margaret Wanja Muthui, a former deputy director at the Kenya Rural Roads Authority (KeRRA), has lost a significant number of assets, including 35 apartmen...
Court clears Flutterwave of wrongdoing as ARA withdraws suit against company
Nov 10, 2023 at 10:52 PM
Flutterwave, the African fintech powerhouse, has successfully concluded its legal battle with the Asset Recovery Agency (ARA), marking an important moment in the company's journey ...
Court freezes Sh63 Million linked to Virtual Financials International amid criminal allegations
Oct 05, 2023 at 07:22 PM
The High Court, in a recent development, has taken decisive action by freezing more than Sh63 million belonging to Virtual Financials International Ltd, a payment solution firm....
Govt to confiscate Felesta Nyamathira's Sh102 million sent by billionaire boyfriend
May 25, 2023 at 08:03 PM
The Kenyan government has been granted permission by the High Court to seize a significant love gift worth Sh102 million, sent to 23-year-old student Felesta Nyamathira Njoroge by ...
State returns to DP Gachagua Sh202 million forfeited as ‘proceeds of crime’
Feb 01, 2023 at 02:04 PM
ARA says Gachagua has satisfactorily explained, through new evidence, the legitimate source of the said cash and proven that it was not proceeds of crimes as earlier believed....
DCI reveals how Rigathi Gachagua laundered Sh200 million in fraudulent tender deals
Jul 30, 2022 at 04:31 PM
The Directorate of Criminal Investigations (DCI) has revealed how the Kenya Kwanza Alliance presidential running mate Rigathi Gachagua laundered taxpayers' money as it welcomed the...
Big blow to Gachagua as court orders forfeiture of Sh200 million to State
Jul 28, 2022 at 05:09 PM
Kenya Kwanza Alliance presidential running mate Rigathi Gachagua has forfeited his Sh200 million that was frozen by the High Court to the state following the court’s ruling....
Flutterwave responds to allegation of its involvement in Sh6.2 billion fraud
Jul 09, 2022 at 10:37 AM
Nigerian Fintech startup Flutterwave has vehemently denied allegations that they are involved in multi-billion money laundering and fraudulent ventures in the country....
Claims Gachagua made frozen millions from legitimate tender are false - ARA
Jul 08, 2022 at 03:18 PM
The claims made by Kenya Kwanza Alliance presidential running mate Rigathi Gachagua and Ann Kimemia that they were in a legitimate business were false....
Flutterwave: Court freezes Sh6.2 billion over alleged links to money laundering
Jul 08, 2022 at 02:03 PM
The High Court has frozen over Sh6.2 billion spread across 62 bank accounts belonging to a Fintech company owned by Nigerians and four Kenyans known as Flutterwave on grounds that ...
Gachagua DP plan: Recover frozen funds, build 'choma' lounge, porridge base
Jun 29, 2022 at 12:21 PM
The Kenya Kwanza presidential running mate Rigathi Gachagua has sworn to recover his money that was frozen in his accounts by the court after being linked to fraudulent dealings if...
DCI recover over Sh110 million from a Pakistani at JKIA fleeing Kenya
Jan 29, 2022 at 02:04 PM
Directorate of Criminal Investigations (DCI) detectives arrested a Pakistani at the Jomo Kenyatta International Airport (JKIA) on Thursday evening while he was trying to get out of...
Sonko defends girl whose bank account was found with Sh102 million from Belgian lover
Nov 20, 2021 at 07:59 PM
Flamboyant former governor for Nairobi county boss Mike Sonko has defended the 21-year-old student in the middle of an investigation involving millions....
College student, 21, in trouble with authorities after Sh102 million found in her bank accounts
Nov 20, 2021 at 11:55 AM
A 21-year-old student at the Nairobi Technical Institute is in trouble with Asset Recovery Agency over Sh102 million in her bank account....
Kerra boss in trouble over questionable purchase of 35 houses at Sh375 million
Jun 23, 2021 at 04:46 PM
The Assets Recovery Agency (ARA)has flagged the purchase of Sh374.5 million apartments by one Margaret Wanja Muthui and her Sh94 million bank account balance....
Sh100 million confiscated from Nigerian man at JKIA to be deposited at CBK
Dec 09, 2020 at 10:01 AM
Sh100 million confiscated from Nigerian man at JKIA to be deposited at CBK...
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