Sh1 million bank freeze reveals struggle to recover NYS cash

The State has frozen less than Sh1 million from a bank account that received millions from National Youth Service (NYS). FILE PHOTO | NMG

The State has frozen less than Sh1 million from a bank account that received millions from National Youth Service (NYS), dimming hopes of recovering billions stolen from the agency.

Businessman Anthony Wamiti Makara through his company Arkroad Holdings is believed to have received Sh60 million alongside two other companies for supply of goods and services at the NYS without tendering But the Assets Recovery Agency (ARA) has obtained orders to freeze Mr Makara’s bank account at National Bank that has about Sh800,000.

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