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Lawyers targeted in abandoned cash mop-up plan
President of the Law Society of Kenya (LSK) Charles Kanjama delivering his speech at Integrity Centre in Nairobi on July 13, 2026 during the African Anti Corruption Day.
The Unclaimed Financial Assets Authority (UFAA) plans to mop up idle financial assets held by lawyers on behalf of their clients, a move likely to stir a standoff over the estimated billions of shillings in unclaimed cash.
Proposals by the UFAA, seen by the Business Daily, seek to declare any assets held by lawyers on behalf of their clients for more than five years as unclaimed and surrender them to the State.
