Treasury gets Sh456m unclaimed mobile cash

Ms Kellen Kariuki, UFAA chief executive officer: The amount is now kept in the Trust Fund account at the Central Bank of Kenya (CBK). FILE PHOTO | NMG

The Treasury has taken over nearly half a billion shillings in mobile money deposits, whose owners have not been found, the Unclaimed Financial Assets Authority (UFAA) has reported in its latest filings.

The Sh456 million from the three mobile phone operators was taken from accounts that had by June 30 remained inactive for more than two years.

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