ARA Freezes MP Gachagua’s Back Account Over Money Laundering Suspicion

October 8, 2020

The Mathira Member of Parliament, Rigathi Gachagua’s Bank account has been frozen leaving an amount over sh.200 million in it. This comes after he was unable to tell the Asset Recovery Agency (ARA) where the amount deposited in his accounts came from.

The MP was alleged to be involved in a complex scheme of money laundering involving many companies that saw funds from the national government deposited to his account.

An account registered under the MP’s name in Rafiki Micro Finance has sh. 165 million, a second account has sh.35 million, another account with amounts a little over shs.700,000 plus a fourth account under the name of Jenne Enterprises having sh 1.1million.

“We want the court to make an order that the above funds be forfeited to the government and transferred to the Asset Recovery Agency. The money are proceeds of crime acquired from illegal transactions which he should not be allowed to enjoy,” ARA said.

The state wants to understand where the money for the MP all came from cause he has been linked to questionable money transactions under the Nyeri county government. Failure to this the money in his accounts will be seized by the government.