Close Menu
News HubNews Hub
  • Home
  • General News
  • Breaking News
  • Trending
  • Business
  • Entertainment
  • Politics
  • Health
  • Celebrities
  • Economy
  • Sports
Trending Now

Why Trade Forex: Forex vs. Stocks

December 2, 2025

Understanding Forex Market Structure

December 2, 2025

Best Days of the Week to Trade Forex

December 2, 2025

How Bitcoin-Backed Lending Unlocks Working Capital

December 2, 2025

How Stablecoins Become Money: Liquidity, Sovereignty, and Credit

December 2, 2025

Bitcoin Layer-2 Loans: The Next Big Lending Market

December 2, 2025

U.S. Issues Fresh Warning Over Tanzania Amid Pressure on Suluhu

December 1, 2025

State House Official Confronts Driver in Heated Roadside Exchange

December 1, 2025

Kenya Secures Key Global Role Representing Africa

December 1, 2025

Police Address Firing Teargas Inside Church Attended by Gachagua

December 1, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
News HubNews Hub
WhatsApp Facebook Advertise With Us
  • Home
  • General News
  • Breaking News
  • Trending
  • Business
  • Entertainment
  • Politics
  • Health
  • Celebrities
  • Economy
  • Sports
News HubNews Hub
General News

Former Migori Governor’s Ksh.235 Million Assets Seized Over Corruption Allegations

Former Migori Governor Okoth Obado is set to lose property worth Ksh.235 million
Lorren AliwaBy Lorren AliwaJune 19, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Migori Governor Okoth Obado at the Milimani High Courts on Thursday, July 14, 2022 during the hearing of a case he is charged with others for the murder of a former University Student Sharon Otieno. PHOTO DENNIS ONSONGO
Share
Facebook Twitter LinkedIn Pinterest Email
Migori Governor Okoth Obado at the Milimani High Courts on Thursday, July 14, 2022 during the hearing of a case he is charged with others for the murder of a former University Student Sharon Otieno. PHOTO DENNIS ONSONGO

The High Court has authorized the seizure and auction of assets worth Ksh.235 million belonging to former Migori Governor Okoth Obado, following allegations that they were acquired through corrupt practices.

The Ethics and Anti-Corruption Commission (EACC) revealed that the properties, including a Ksh.40 million house in Nairobi’s Loresho estate, are considered proceeds of unexplained wealth linked to Obado and his associates, derived from funds allegedly misappropriated from the Migori County Government.

Justice Esther Maina issued the court orders on Tuesday after an out-of-court settlement was reached between Obado and the EACC.

The consent judgement, which formalized the agreement, was part of a civil forfeiture case resolved through Alternative Dispute Resolution (ADR).

In addition to the Loresho house, the assets set for seizure include an Ksh.88 million commercial block known as Sunrise Centre, a five-storey residential block valued at Ksh.57.6 million, two Ksh.9 million apartments in Greenspan, a Ksh.10 million residential property, and two high-end Toyota Land Cruiser vehicles.

The EACC clarified that this settlement does not impact the ongoing criminal proceedings against Obado and his family, who are accused of receiving Ksh.73 million through the fraudulent scheme.

Follow on WhatsApp Follow on Facebook
Share. WhatsApp Facebook Twitter LinkedIn Email Copy Link
Avatar photo
Lorren Aliwa

Related Posts

U.S. Issues Fresh Warning Over Tanzania Amid Pressure on Suluhu

December 1, 2025

State House Official Confronts Driver in Heated Roadside Exchange

December 1, 2025

Kenya Secures Key Global Role Representing Africa

December 1, 2025

Police Address Firing Teargas Inside Church Attended by Gachagua

December 1, 2025

MP Storms Hotel, Attacks Civilian in Alleged Love Triangle Drama

December 1, 2025

Kenya to Introduce Injectable HIV Treatment in 2026

December 1, 2025

Comments are closed.

Recent News

Why Trade Forex: Forex vs. Stocks

December 2, 2025

Understanding Forex Market Structure

December 2, 2025

Best Days of the Week to Trade Forex

December 2, 2025

How Bitcoin-Backed Lending Unlocks Working Capital

December 2, 2025

How Stablecoins Become Money: Liquidity, Sovereignty, and Credit

December 2, 2025

Bitcoin Layer-2 Loans: The Next Big Lending Market

December 2, 2025

U.S. Issues Fresh Warning Over Tanzania Amid Pressure on Suluhu

December 1, 2025

State House Official Confronts Driver in Heated Roadside Exchange

December 1, 2025

Kenya Secures Key Global Role Representing Africa

December 1, 2025

Police Address Firing Teargas Inside Church Attended by Gachagua

December 1, 2025
Popular News

Forex Risk Management for Large Accounts: A Complete Guide for Smart Traders

July 7, 2025

CS Wandayi Outlines Govt Plan to Avoid Public Backlash in New Power Deal

February 26, 2025

What Is Credit Counseling and How Can It Help You?

July 11, 2025

Top 10 Most Common Financial Mistakes: A Guide to Smarter Money Choices

May 31, 2025

The Five Best DeFi Crypto Loans in 2025

July 16, 2025

Babu Owino Exposes Government Officials’ Meeting to Plot His Arrest

March 27, 2025

MP Salasya Causes Drama In Naivasha As He Destroys Ruto In Front Of His Allies Over Failed Shah

January 31, 2025

Using Smart Contracts for Automated Financial Features Like Debt Repayment

July 16, 2025

5 Powerful On-Chain Indicators That Give You an Edge in the Crypto Market

July 21, 2025

Why Building a Home in Kenya Could Become More Expensive Due to New Regulations

February 18, 2025
Facebook X (Twitter) Instagram Pinterest
  • Home
  • General News
  • Trending News
  • Advertise With Us
  • About Us
  • Contact Us
  • Privacy Policy
© 2025 News Hub. Designed by News Hub.

Type above and press Enter to search. Press Esc to cancel.