State repossess one house owned by former Nairobi Chief Accounting Officer

The government has repossess one house owned by Jimmy Kiamba who is the former Nairobi Chief Accounting Officer.

The property is in close proximity to the UN offices, Two Rivers Mall, Ridgeways Mall, Village Market, Brookhouse School and Potterhouse School.

Nonetheless, if a vicious on-going process of asset-recovery for property suspected to have been illegally acquired by public officials is finalised, this splendid piece of architecture will be forfeited to the Nairobi County government.

Mr Kiamba, who is battling several corruption-related charges, will not just lose the Runda residence but assets worth Sh1.3 billion illegally acquired between August 2009 and February 2015.

In that short period of about six years, investigators discovered that he made bank deposits totalling Sh1, 383,468,402 against a total net salary of Sh5,821,309 at Sh90,833 per month.

  
 
 
 
 
 
 
 View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 The house owned by Jimmy Kiamba who is the former Nairobi Chief Accounting Officer. It is being repossessed today. For those who may not know, he was Vera Sidika’s sponsor. I dare her to deny. And that’s the life awaiting all you dumb sponsors out there looting money so as to entertain young hoes. You will retire broke and eventually end up in jail.
 
A post shared by  Cyprian Is Nyakundi (@c_nyakundih) on May 6, 2019 at 4:23am PDT
 

Suspended Nairobi County Chief Finance Office, is accused of stealing more than Sh400 million, is struggling to put food on his family’s table.

Mr Kiamba has two maisonettes in South C, a town house in Kileleshwa, four apartments in Kilimani and four plots in Muthaiga, Mavoko and Machakos, the court heard.

An affidavit signed by Mr James Kamau Kariuki seeking orders to freeze the accounts said if that was not done, the money would be withdrawn, leaving nothing to compensate the public for the loss.

The orders were obtained on November 14, 2014 and were to end on May 14, 2015.

On May 8, 2014, the the commission asked for an extension. In objecting to the extension, Mr Kiamba insisted that he had not been involved in corruption, saying he had already given a clear response to the request for an explanation of the disproportionate income and assets.

“Since I made my response, I have not heard from the commission. If I had, I would have responded promptly,” he told the court.

“Most of the properties listed were charged to Equity Bank Limited to secure various facilities before the accounts were frozen. If the orders sought are granted, the bank will immediately require me to settle the balances due,” Mr Kiamba said in a May 14 affidavit.