Court freezes Sh57m held in accounts of top Ketraco official

Thursday, December 2nd, 2021 06:36 |
Peter Maina Njehia Photo/Courtesy

The High Court has frozen Sh57 million suspected to be proceeds of crime belonging to a Kenya Electricity Transmission Company (Ketraco) senior manager held in various saccos and investment accounts.

Anti-Corruption Court judge Justice Esther Maina froze the millions belonging to Peter Maina Njehia (pictured) for six months to allow the Ethics and Anti-Corruption Commission (EACC) officers to conduct investigations.

“An order be and is hereby issued prohibiting the respondent (Njehia) his agents, servants or any other person from withdrawing, transferring, disposing, wasting and/or in any other way dealing with the funds held in the sacco and investment accounts listed,” ruled the judge.

Njehia, currently serving as a Senior Manager, Supply Chain at the company is suspected to have amassed his wealth by illegally and irregularly engaging in award of tenders and procurement emanating from and connected with the company to the detriment of the public.

Bribery claims
EACC Forensic Investigator Shadrack Mwenda said Njehia is suspected to have  abused his office, received bribes, embezzled public funds and engaged in corrupt conduct.

“Preliminary investigations reveal that the respondent has amassed a lot of wealth as a result of corrupt conduct including more than 40 properties in Nairobi, Nakuru and Nyandarua counties,” states EACC in court documents.

The anti-graft body further claims that Njehia  also has over eight high end motor vehicles, investments in saccos, investment companies, private companies and business interests in the said counties.

The funds that have been frozen include Sh13.5 million, being held as share capital in Stima Sacco Society Limited in his name, Sh11.9 million being held as Alpha deposit in Stima Sacco Limited in his name and Sh10 million held in Unaitas Sacco Limited in his name.

More on News