South Sudanese minister’s millions frozen in Kenyan bank - News Summed Up

South Sudanese minister’s millions frozen in Kenyan bank


The High Court has frozen the bank accounts of a South Sudanese minister accused of fanning violence over suspicion of money laundering. Justice James Wakiaga issued the orders freezing Martin Elia Lomuro's bank accounts containing Sh13.42 million following a case filed by Asset Recovery Agency. The dollar account received $351, 317.81 as credit out of which $351, 293.52 was debited for the period September 2017-January 2020, Nakitare said in the affidavit. The probe also revealed that Lomuro’s account had been credited with Sh122.78 million out of which, Sh109.36 was debited. “That investigation has established that MS Rejah Kedi Ladu Kenyi Martin Elias Lomuro received a total of Sh49.43 million as forex reversal.


Source: The Star June 14, 2021 20:15 UTC



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