EACC Looking To Seize Ksh.1.94 Billion From Waititu

A file image of former Kiambu Governor Ferdinand Waititu.

The Ethics and Anti-Corruption Commission (EACC) has moved to court seeking an injunction to seize assets valued at Ksh.1.94 billion questionably accumulated by former Kiambu Governor Ferdinand Waititu in his capacity as County boss and former Kabete MP.

Between 2015 and 2020, Waititu, who was impeached as Kiambu Governor in January 2020, allegedly misappropriated public funds by issuing fraudulent procurement tenders to firms outsourced to offer services to the County Government of Kiambu.

“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 in a statement.

EACC claims that once the payments for the fallacious contracts were made by Kiambu County, the contracted firms would forward the proceeds to a number of bank accounts and businesses registered under Waititu’s name and that of his wife, Susan Wangari.

“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.

“The Governor further directly traded with the County through companies registered in the names of his wife, and their daughter – Suwanga Limited, Connex Logistics Africa Limited, and Modiba Management Services Limited.”

In the controversial period, Waititu allegedly made bank transactions worth Ksh.928,873,317 on his personal accounts while his wife handled Ksh.282,871,658.

Saika Two Developers Limited, Bienvenu Delta Hotel and Bins Management Services Limited respectively transacted Ksh. 906,329,068, Ksh. 56,924,332 and Ksh. 62,711,000. All transactions totaled to Ksh. 1,937,709,376

In order to avoid prying eyes, EACC claims that Waititu conveniently invested the money in a number of 15 high-end properties in Kiambu and Nairobi.  The asking prices for the said properties ranged from between Ksh. 10 million and Ksh. 380 million.

“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.

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