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Kenya, Switzerland ink deal to recover cash stashed abroad

President Uhuru Kenyatta (right) and Swiss counterpart Alain Berset (left) witness the signing of a framework agreement for return of stolen assets stashed in Switzerland to Kenya by the Swiss Ambassador to Kenya Ralf Heckner and Attorney General Paul Kihara June 9, 2018. PHOTO | MARTIN MUKANGU | NMG

By  BD REPORTER

Kenya and Switzerland have inked a pact that paves way for reclamation of funds and property gotten through proceeds of graft and stashed abroad.

The deal, dubbed Framework for the Return of Assets from Corruption and Crime in Kenya (FRACCK), was signed today by President Uhuru Kenyatta and Swiss counterpart Alain Berset during the latter's official visit to Kenya.

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