The Court of Appeal has ordered former Nairobi County chief finance officer Jimmy Kiambaa to forfeit Sh114 million and seven prime properties to the government. The rental income declared between 2007 and 2009 was Sh600,000 and it escalated to Sh95 million in 2011-2013. In any event, the question is how the 1st appellant’s (Kiambaa) rental income increased from Sh1 million a year to Sh423,000,000 within six years. There was no reasonable or any explanation given on the substantial rise in the rental income," the judges said. In conclusion, Judges Laibuta, Aroni and Mativo ordered Kiambaa and his wife to forfeit the Sh113,893,743 to the government.
Source: The Star February 15, 2024 13:39 UTC