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Jersey officials seize Gichuru, Okemo’s hidden Sh520m

Former Kenya Power MD James Gichuru and former Energy minister Chris Okemo (right) during mention of an extradition case against them at a Nairobi court. PHOTO | FILE

Jersey authorities have seized the entire stash of cash that former Kenya Power managing director Samuel Gichuru and ex-Energy minister Chris Okemo hid in the island, even as they vowed to continue pushing for extradition of the duo to face money laundering, fraud and misconduct charges.

The Royal Court of Jersey on Wednesday made a confiscation order to seize the £3.28 million and $540,330.69 (totalling Sh520 million) held in the offshore account of Windward Trading Limited - the entity Mr Gichuru used to receive kickbacks in exchange for the award of lucrative tenders to foreign firms during his two-decade tenure at the helm of Kenya Power.

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

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