State takes over Kanyotu, JM assets in inheritance tiff

Unclaimed Financial Assets Authority CEO John Mwangi. FILE PHOTO | NMG

The Treasury has taken over idle assets of fallen Kenyatta-era top officials over family disputes denying beneficiaries a legal document they require to access their multi-billion shilling wealth.

Longtime spy James Kanyotu, politician JM Kariuki and Mbiyu Koinange are among prominent individuals whose dividends and shares are held at the Unclaimed Financial Assets Authority (Ufaa) following family feuds that have frozen the sharing of their properties.

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