Ex-Chief Finance Officer Jimmy Kiamba ordered to pay Ksh317 million in corruption scandal or lose Runda home

Court orders ex-Finance minister to pay Ksh317 million in corruption scandal or lose his palatial home

Mumbi Mutuko

July 24, 2019 1:59 PM

Breaking corruption suspects

ex-Finance minister ordered to pay Ksh317 million

The High court has ordered former Nairobi County Finance minister Jimmy Kiamba to pay the government Ksh317m.

On Wednesday, Kiamba was also told that his palatial Runda home will be forfeited to the State over unexplained assets.

Lady Justice Hedwig Ong’udi ordered the surrender of the assets which include Ksh120 million banked locally and high-end properties spread across the city.

Ex-Chief Finance officer Jimmy Kiamba ordered to pay Ksh317 million Pulse Live Kenya

Kiamba’s Runda home could be auctioned should he fail to surrender the unexplained wealth.

Cash deposits

During the court proceedings, EACC detectives told the court it received intelligence that Kiamba was making inexplicably huge cash deposits in his bank accounts.

The EACC investigators told the court they had established that he had amassed Sh1.057 billion spread in his bank accounts.

According to the detectives, Kiamba's annual income was Ksh831,840 and he owned a plot in Athi River valued at Ksh400,000 and a car worth Ksh600,000.

Former Nairobi County Chief Finance Officer Jimmy Kiamba Pulse Live Kenya

Investigator told the court that Kiamba's Ksh1.6 million income rose to Ksh160 million in a span of two years but according to detectives revealed that his known income was Ksh5.4 million over five years.

Mumbi Mutuko