The Ethics and Anti-Corruption Commission (EACC) says it has traced and recovered corruptly acquired property and unexplained assets worth about Sh28 billion in the last five years.
On Thursday, EACC CEO Ali Mohamud said the commission is also currently pursuing over 400 cases at various stages of trial for the forfeiture of corruptly acquired assets estimated at sh50 billion.
Ali spoke during a consultative forum with crime and court journalists and editors in Nairobi, themed “Turning the tide: From stolen assets to public good” that sought to highlight the crucial link between the commission’s strategic focus on asset tracking and recovery and the utilisation of recovered assets for the greater public good.
“The rationale behind asset recovery is to ensure that the corrupt do not profit from their corrupt conduct. Its deterrent effect cannot, therefore, be gainsaid. This, among others, has informed the paradigm shift by the Commission to focus on recovery of proceeds of corruption,” said the CEO
Ali reiterated that EACC is hawk eyed on asset tracing, recovery and forfeiture of unexplained assets, capital intensive projects, enhancing integrity testing at service points, strengthening compliance with Chapter Six of the Constitution as well as improving staff capacity to handle the complex and evolving nature of corruption.
On his part, EACC Chairman David Ogide said the commission has also changed strategy in its approach to graft investigations by talking to heads of public institutions to collaborate in the fight.
Amongst those that have pledged support to the agency are the Inspector General of Police Douglas Kanja and the Chief Justice Martha Koome.
“So far, I haven’t heard one say ‘don’t come to my place’. Oginde remarked.
On her part, Editors Guild President Zubeida Koome called on the EACC to dedicate a portion of the recovered assets to supporting investigative journalism and dedicated fact-checking desks in newsrooms.
“Even us we would have wished to utilise some of the money that we recover but unfortunately that is how the law is and it takes a while to amend a legislation.
We will talk and see how we can manage some of these things,” the CEO said in his response.