Unclaimed assets agency opens Sh6bn payout after House passes guidelines

Unclaimed Financial Assets Authority CEO Kellen Kariuki. PHOTO | SALATON NJAU

Kenyans can now start withdrawing billions held by the Unclaimed Financial Assets Authority (UFAA) following Parliament’s passage of regulations guiding the payout.

UFAA has received over Sh6 billion from companies holding idle resources but has not made any payments to claimants due to lack of regulations.

PAYE Tax Calculator

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