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Obado’s Sh235 Million Deal With The State Exposed: Justice or Betrayal?

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Obado's Sh235 Million Deal

In a stunning turn of events, the Kenyan government has dropped a staggering Sh1.9 billion asset forfeiture case against former Migori Governor Okoth Obado and his associates, settling instead for a mere Sh235 million.

This controversial decision revealed in a consent filed before Justice Esther Maina, has sparked outrage and disbelief across the country.

Obado's Sh235 Million Deal

So the state dropped its Sh1.9bn case for Obado’s Sh235 Million Deal?

The Ethics and Anti-Corruption Commission (EACC) disclosed that they opted to resolve the case out of court, citing a settlement agreement dated June 5, 2024.

According to EACC lawyer Jackie Kibogy, this agreement absolves Obado, his four children, businessman Jared Peter Oluoch Kwaga, and associated firms from facing trial for alleged financial impropriety amounting to Sh1.9 billion and an additional Sh73 million linked to unexplained wealth.

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What the Deal Includes

Under the terms of the settlement, Obado and his co-accused are relinquishing significant assets.

These assets reportedly include a house in Loresho valued at Sh40 million, a commercial property known as Sunrise Centre, and residential blocks in Suna East worth a combined Sh137.6 million.

Furthermore, they are surrendering two Toyota Land Cruiser V8 vehicles and several other properties, all valued at Sh235.6 million.

These assets are slated for public auction, ostensibly to recover a fraction of the funds allegedly misappropriated.

Public Outcry and Judicial Scrutiny

The decision has prompted severe criticism from various quarters, questioning the rationale behind accepting a settlement representing only a fraction of the alleged misappropriated amount.

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Judge Esther Maina expressed skepticism herself, asking EACC’s legal counsel to justify why they settled such a significant case involving billions for just Sh235 million.

Political Ramifications

Given Obado’s political influence and the scale of the allegations against him, the settlement raises serious concerns about the integrity of Kenya’s anti-corruption efforts.

Critics argue that allowing such a deal not only undermines the pursuit of justice but also sends a disheartening message to the public about the state’s commitment to fighting corruption at the highest levels.

Obado’s Sh235 Million Deal: Legal and Ethical Implications

From a legal standpoint, the abrupt resolution of the case without a full trial deprives the public of transparency and accountability.

It raises questions about whether justice truly served or if powerful individuals can negotiate their way out of accountability, potentially at the expense of taxpayers.

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The Role of EACC

The Ethics and Anti-Corruption Commission, tasked with safeguarding public resources and prosecuting graft, faces scrutiny for its handling of the case.

Critics argue that the decision to settle for Sh235 million appears lenient compared to the severity of the allegations, suggesting a potential lapse in diligence or perhaps even external pressures influencing the outcome.

Wrapping Up

As Kenya grapples with endemic corruption and struggles to restore public trust in its institutions, the handling of high-profile cases like Obado’s becomes emblematic.

The Sh235 million settlement has cast a shadow over the efficacy of anti-corruption efforts and the integrity of the judiciary.

Related Content:  Obado's Covert Scheme to Reacquire Sh235m Properties Through Proxies

Moving forward, transparency, accountability, and a commitment to upholding the rule of law are paramount if Kenya is to overcome the scourge of corruption that continues to undermine its progress.

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In summary, the Sh235 million deal to drop the Sh1.9 billion case against Okoth Obado and associates raises serious questions about justice, fairness, and the effectiveness of Kenya’s anti-corruption strategies.

The repercussions of this controversial decision will undoubtedly reverberate through the corridors of power and the hearts of the Kenyan public for years to come.


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