Kenya: Billions of shillings will soon be returned from Switzerland, says Attorney General

Nov 13, 2014

Billions of shillings of looted Kenyan public funds hidden in secret Swiss bank accounts will be repatriated, Attorney General Githu Muigai said yesterday (November 11th).

Billions of shillings of looted Kenyan public funds hidden in secret Swiss bank accounts will be repatriated, Attorney General Githu Muigai said yesterday (November 11th).

He explained that "tremendous progress" has been made with the ongoing investigations, as he handed over to the Swiss authorities a second batch of fresh evidence gathered by the Ethics and Anti-Corruption Commission, The Star reports.


Swiss envoy to Kenya Jacques Pitteloud warned that his country "is a wrong address for looted money", adding it was no longer a safe haven for illicit funds.

The investigations were made in connection with the Anglo Leasing corruption scandal, which started before the 2002 election of President Mwai Kibaki. It involved state contracts worth hundreds of millions of dollars being awarded to non-existent firms.

According to a report from the Swiss National Bank published in 2012, Kenyans have hidden Sh72 billion (€640 million) in secret Swiss bank accounts.ADNFCR-2976-ID-801759909-ADNFCR