AG goes after billions held illegally abroad

The Attorney-General has begun the process of recovering billions of shillings held illegally abroad.

AG Githu Muigai on Tuesday said government officials were working with different countries to recover the cash deposited by Kenyans.

“The office under the new law has been mandated to act as the asset recovery authority. We have received materials from Switzerland, Japan, United Kingdom, Jersey and other countries where billions of shillings are being held illegally,” Mr Muigai said, adding that the World Bank was helping his office with capacity building.

Speaking during the opening of a national banking and finance conference by the Kenya Institute of Bankers, the AG said they have also forwarded a list of six prominent people whose funds were being held abroad to the Ethics and Anti-Corruption Commission .

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