EACC Explains Process of Utilizing Recovered Public Funds

by KenyaPolls

The Ethics and Anti-Corruption Commission (EACC) has outlined the procedure for handling recovered public funds and assets believed to originate from corrupt activities.

According to a commission statement, EACC clarified that recovered funds are neither distributed to citizens nor kept by the agency itself.

The commission stated that all recovered public funds are transferred to the National Treasury through established legal and financial channels.

EACC emphasized that recovered funds and assets are processed through the National Treasury and other appropriate government mechanisms in compliance with legal requirements, without being held or utilized directly by the commission.

Upon receipt by the ministry, the commission explained that the funds are deposited into the Consolidated Fund, thereby becoming part of government revenue.

Subsequently, the money is allocated through the national budget and distributed via the Exchequer system to fund public services and development initiatives nationwide.

After recovery, the commission added that these funds are returned to public use through authorized government procedures, encompassing the Exchequer process.

This clarification addresses increasing public interest in anti-corruption recoveries, as some Kenyans have questioned how billions obtained from corruption cases are utilized.

Recent concerns arose following EACC’s recovery of more than Ksh 65.3 million in cash and other items, believed to be proceeds of corruption.

Kenyans requested direct distribution of a portion of these funds, considering them public money.

The commission’s explanation of how the money is returned to public use now eliminates uncertainty regarding typical cash handling procedures and establishes a transparent process.

EACC affirmed that it neither controls nor directly spends recovered funds, specifying its role is confined to investigation, recovery, and transfer of assets to appropriate government entities.

The agency further noted that the process is governed by legal frameworks to guarantee transparency, accountability, and proper management of public resources.

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