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City Hall official who lives like a king on Sh85,000 pay

Jimmy Kiamba, the chief finance officer for the Nairobi County government, lives too large for his modest monthly salary of Sh85,000.

That is the view of the Ethics and Anti-Corruption Commission (EACC), which has gone to court seeking orders to freeze the officer’s assets to pave way for further investigations into his vast estate.

The EACC says its pursuit of Mr Kiamba has revealed a massive empire that is incongruent with his known income and wants the High Court to freeze his bank accounts as investigations continue into claims that he stole millions of shillings from City Hall between January and November last year.

FRAUDULENT TRANSACTIONS

“EACC has established suspected fraudulent transactions through accounts held by Mr Kiamba, who is the chief finance officer (CFO) of Nairobi County and whose only known source of income is a gross salary of Sh85,000 per month,” the EACC says, adding that Mr Kiamba’s two bank accounts with CFC Stanbic Bank were used to transact more than Sh400 million between January and November 2014.

Read the full story here.

SOURCE: Business Daily