At Least $1 Billion Sent Abroad, Probe Finds
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Investigators tracking the plunder of Kenya’s resources during the regime of former President Daniel Arap Moi have discovered that $1 billion to $4 billion was sent abroad illegally.
John Githongo, presidential secretary for ethics and governance, said investigations indicated large sums of money were taken from state-owned firms and from the illegal sale and transfer of government property and sent abroad. The government was trying to retrieve as much as possible, he said.
If the sum reaches $4 billion, it would equal about one-third of Kenya’s annual gross domestic product.
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