[Angela Maina, Standard]A former accountant at the Ministry of Finance has lost property worth more than Sh200 million he acquired using public funds stolen during the Anglo-Leasing scandal. Lady Justice Mumbi Ngugi ordered Patrick Abachi to forfeit the property to the State for being proceeds of crime. The unexplained assets are proceeds of crime and shall be forfeited to the Government,” ruled Ngugi. “His wealth when compared to his legitimate income within the five-year period show a huge discrepancy which makes me believe they constitute unexplained assets and thus proceeds of crime. Everything he has raises questions on how they were acquired,” ruled Ngugi.

Source: Standard Digital March 12, 2021 02:26 UTC