Treasury red tape delays reforms to ease Sh55bn unclaimed assets access

The Greek mavericks Daedalus and Icarus were not known only for flying too close to the sun and melting wax feathers, they also built a labyrinth, a confusing structure of a complex maze, impossible to navigate designed to keep the minotaur beast.

Our versions are the National Treasury and Unclaimed Financial Assets Authority (Ufaa) mandarins who have built an almost impossible system for redeeming unclaimed assets which according to Peris Mungai is a demanding, tedious, and repetitive process.

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Note: The results are not exact but very close to the actual.