PHOTO | FILE The Integrity Centre, headquarters of Kenya Ethics and Anti-Corruption Commission, along Valley Road Nairobi
By NATION REPORTER
Posted Sunday, February 26 2012 at 22:30
Posted Sunday, February 26 2012 at 22:30
The anti-corruption agency averted a loss of about Sh3.9 billion that could have been looted through shady deals.
The Ethics and Anti-Corruption Commission (EACC) cited the sale of Kenya Railways Retirement Benefits Scheme (KRRBS) houses at Matumbato Road in Upper Hill, Nairobi, in which Sh2 billion could have been lost through fraudulent deals.
In its annual report covering 2010/2011, the EACC said some of the trustees of the board had connived to embezzle the money. (READ: Mutula: Change Act to give anti-graft body teeth)
Mismanagement of assets
“We are still carrying out investigation at KRRBS on embezzlement and mismanagement of assets belonging to the body by some trustees,” the anti-corruption agency said in the report.
The EACC also says it prevented loss of Sh800 million through irregular issuance of single business permits by Nairobi City Council employees.
In Mombasa, Catering and Tourism Development Levy Trustees had irregularly procured services of a contractor for the construction of a hotel in which Sh700 million could have been lost, says the report.
Other disruption undertaken by EACC was the irregular procurement of 15 construction contracts at Tanathi Water Service Board in which Sh250 million could have been lost.
In Eldoret, the report says the agency averted the evasion of stamp duty and land rates facilitated by a syndicate printing fake titles and other land documents at the municipal council in which Sh50 million could have been lost.
At the Kilindini in Mombasa, the anti-corruption agency averted tax evasion by various merchants worth Sh28 million through false declaration on imported goods. The EACC officers also stifled importation of counterfeit electronic products by businessmen in collusion with some public officers of which Sh4 million was to be lost.
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