The Ethics and Anti-Corruption Commission (EACC) has frozen KSh 18 million belonging to a junior employee at the National Treasury.
The money which is under investigation is stored in I&M and Cooperative Banks as the employee, Tracy Njoki King’e is accused of embezzlement of public funds and abuse of office.
Reports show that the 30-year-old employee joined Treasury in 2020 as Finance Minister II from the Ministry of Industry Trade and Cooperatives where she was working since 2018.
At the Treasury, Njoki earned KSh 50,000 per month between March 2020 and May 2022 totaling about KSh 1.3 million.
However, EACC established that she received a total of KSh 37 million through her bank accounts as imprests, facilitation and extraneous allowances under the same period.
The funds were deposited to her I&M and Cooperative Bank accounts.
“Between February 2020 and March 2022, Tracy Njoki King’e received Ksh 24,119,926.00 as imprests, facilitation and extraneous allowance in her Cooperative bank account No. 01116124598700 ‘
“…while between February 2022 and June 2022, Tracy Njoki received KSh 11,899,052.00 as imprests, facilitation and extraneous allowance in her I&M bank account No. 00403523442050,” EACC said.
EACC further noted that put of KSh 11.8 million deposit to her I&M bank account, KSh 11 million was transferred to her fixed deposit accounts while KSh 498,000 was withdrawn in cash leaving a balance of Ksh 400,000.
On the other hand, out of the KSh 24 million deposit in her Cooperative Bank account, KSh 4.6 million was used to buy Treasury Bills, while KSh 2.7 million is the balance.
The funds have been frozen pending conclusion of investigations into the matter.
18M 'stolen at treasury'
EACC freezes Ksh18M belonging to treasury official
Tracy Njoki accused of embezzling public funds
Njoki allegedly received Ksh.37M in dubious means
Money paid to her account as imprest
Ksh 24 M moved to other accounts#NewsNight@WaihigaMwaura pic.twitter.com/gl7WpwbqFF
— Citizen TV Kenya (@citizentvkenya) June 21, 2022
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