254News has learnt that The Ethics and anticorruption commission (EACC) are keen on recovering all the monies stolen from the public resources and have the perpetrators of such held accountable as part of the fight against corruption. The reaffirmation from EACC came after emergence of details on how Kiambu Governor Ferdinand Waititu allegedly spent his allegedly looted millions from kiambu.
Over the week, the Punjab alumnus Mr Waititu was charged with knowingly acquiring an indirect interest to receive the amount of money in respect of payments to Testimony Enterprises for contracts awarded by the county government. This ended by magistrate Lawrence Mugambi granting him a cash bail amounting to Sh15 million and further barring him from accessing his office. His wife on the other hand was subjected to a cash bail of Sh4 million while awaiting August 26 mention.
The money trail from the EACC shows that part of the Sh221.5 million that was paid out in the irregular Sh588 million tender was deposited in accounts registered under the governor’s businesses. This was an irregular tender issued when the county procured firms to upgrade roads in the county to bitumen standards
Out of this Sh6 million was wired to Lake Naivasha Resort and the same was later forwarded to the governor. Another Sh8.4 million was wired by Testimony to Saika Two Estate Developers – a firm which the EACC has linked to the governor and his daughter. As if that was not enough, the company wired another Sh4 million to the real estate firm.
Chege’s company which is co-owned with his wife, Beth Wangeci, further took up Sh134 million out of which Sh2 million was wired to Waititu’s Bien Venue Hotel, which he runs together with his wife Susan Wangari.
Bien Ventures also received Sh5.21 million from Testimony enterprises in the transactions executed between July 2018 and March 13, 2019. Waititu and his wife bought the hotel from Lake Naivasha Resort.
According to EACC Chege further expended Sh87 million from Testimony in inter bank transfers.
The money trail by EACC also reveals that Testimony Enterprises received additional Sh20 million from other sources linked to the governor.