13 December 2018

Kenya, Jersey Island Sign Deal for Return of Graft Money

Photo: The Nation
Gado Harambe graft

Kenyan officials signed an agreement Tuesday with Jersey, an island off the coast of France, that will pave the way for the return to Kenya of about $5 million stolen from government coffers.

Kenya's attorney general, Paul Kihara Kariuki, and the external affairs minister from the government of Jersey, Senator Ian Gorst, signed the Framework for Return of Assets from Corruption and Crime, or FRACCK, in Nairobi.

In March of last year, the two governments signed a preliminary asset-sharing agreement that sought to ensure that the stolen funds would be sent back to Kenya.

Gorst said the deal was aimed at strengthening cooperation and would prevent, identify and control illicit financial flows.

"We are transparent in what we are doing in financial services and we meet the highest international standards, but that's not good enough," Gorst said. "We also want to partner with countries, and today we are partnering with Kenya to make sure that if Jersey in the past has been used for the proceeds of crime, we will work together and ensure that those proceeds are repatriated for the benefit of communities in those countries."

The agreement between Kenya and Jersey follows similar arrangements that Kenya has made with Britain and Switzerland.

Kenya and Jersey say the treaty will allow Kenya to recover approximately $5 million worth of assets hidden in accounts on the island.

Kenya's Kihara said steps are in place to ensure that the money is used lawfully and for the good of the country.

"These proceeds will make a lot of change, let's say building hospitals where health facilities are not easily accessible," Kihara said.

Kenyan President Uhuru Kenyatta, who is in his final term, has intensified the war on corruption.

In June, Kenyatta announced that all public servants would undergo a compulsory "lifestyle audit" to account for the sources of their income and assets. He said corruption will not be tolerated.

This week, a number of high-level Kenyan officials were arrested, arraigned in court and charged with various corruption-related offenses.

Kenya

Locals to Wait Longer for Cheap Wind Power

The ripple effects of the recently commissioned Lake Turkana Wind Power project won't be immediately felt by the common… Read more »

See What Everyone is Watching

More From: VOA

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.