NAIROBI, Kenya, Jun 25 – Attorney General Githu Muigai has written to the World Bank seeking technical and financial aid to set up an asset recovery agency.
In the letter, the AG Githu Muigai raises concern that Kenya is losing huge amounts of money through illegal transactions across its borders.
“Kenya has over the period of about four decades lost billions worth of dollars through illegal financial flows out of her borders. We have not been able to successfully recover these stolen assets. We are looking to engage global partners in our quest to recover the said assets,” the letter indicated.
He said due to lack of an agency to deal with money laundering it has been difficult to recover stolen assets.
In the letter whose copy Capital FM News has obtained, the AG is urging global partners to support Kenya in its struggle to recover lost assets and also stop the practice that is economically wearing the country down.
The A.G’s office is one of the offices under the Kenya Governance Justice Law and Order Sectors (GJLOS) that was under funded alongside the Office of the Director of Public Prosecutions in the newly unveiled 2012/2013 budget.
In the allocations, the State Law Office only got Sh1.8 billion while the DPP’s office also got Sh1.087 billion.
Last Friday Muigai complained that he was losing top staff in his office after the exit of 25 senior officers who joined the Judiciary.
He said due to financial constraints in his office and that of the DPP, it was difficult to fully embark on the reform agenda.
Last week the Law Society of Kenya and the Independent Medico Legal Unit (IMLU) also raised concern that the Ministry of Finance had failed to allocate reasonable budgetary allocation to constitutional commissions and offices.
They expressed fears that the serious inequalities in funding of related offices will impact negatively especially in deliverance of justice.