Economy

Treasury official fights for millions in frozen accounts

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Summary

  • A senior National Treasury official, whose bank accounts and assets were frozen by the Ethics and Anti-Corruption Commission (EACC) over unexplained wealth, wants investigative agencies barred from extending the restriction.
  • Charles Muia Mutiso, who is Treasury’s deputy director external resources, also wants to be granted unconditional access to the money totalling to more than Sh36 million held in four bank accounts in Cooperative Bank, Absa and KCB.

A senior National Treasury official, whose bank accounts and assets were frozen by the Ethics and Anti-Corruption Commission (EACC) over unexplained wealth, wants investigative agencies barred from extending the restriction.

Charles Muia Mutiso, who is Treasury’s deputy director external resources, also wants to be granted unconditional access to the money totalling to more than Sh36 million held in four bank accounts in Cooperative Bank, Absa and KCB.

The accounts were frozen in July last year on allegations that he amassed wealth through misappropriation and embezzlement of public funds between April 2015 and April 2020.

His two preserved accounts at Absa Bank have Sh23.4 million and Sh5.8 million, respectively, while at Cooperative Bank he has Sh1.9 million and Sh5.5 million at KCB.

In his application filed at the High Court, Mr Mutiso is also seeking for an order allowing him to access and deal with his five parcels of land in Nairobi and Machakos counties.

He says the monies in the bank accounts and the properties were not obtained through corrupt conduct or illegitimately, as alleged by the EACC, adding that he can account how he acquired his wealth.

Mr Mutiso also says he is a Deputy Director at the National Treasury and Planning since 2002, having been employed in the Public Service in 1993.

In the course of his employment, he has served and travelled a total of 50 times to various countries representing Kenya.

When obtaining the preservation orders, EACC told court that there is a huge disproportion between Mr Mutiso's assets and his known legitimate income.

EACC indicated that it had established a pattern of frequent large cash deposits made mostly through the ATM or the drop box.