The Ethics and Anti-Corruption Commission (EACC) is investigating a National Treasury employee over alleged misappropriation and embezzlement of public money.
EACC has launched an inquiry into allegations of unexplained wealth of one Charles Muia Mutiso who is the Deputy Director External Resources at the National Treasury, a position he has held since July 2014.
According to the Twalib-Mbarak-led agency, there is a huge disproportion between Mutiso’s assets and his known legitimate income.
EACC says that Mutiso who earns a monthly net salary of Sh144,675, has a total of Sh36,786,068.73 in various bank accounts. Mutiso also owns parcels of land in Nairobi, Donyo Sabuk and Matungulu areas.
“Investigations have revealed that Charles Mutiso earned a monthly net salary of Kshs. 144,675.60, as at 30th April 2020 and an average net of Kshs 118,691.17 from 1st April 2015 to 30th April 2020. During this period, he earned a cumulative net income of Kshs 7,148,991.25,” said EACC.
Upon analysis of the flow of funds in his bank accounts, EACC discovered numerous unexplained inward remittances, EFTs and cash deposits outside his salary.
Based on EACC’s investigations, Mutiso is alleged to have made five cash deposits of Sh400,000 each into his account at Absa Group, amounting to Sh2 million over just few days.
EACC has since obtained preservation orders to freeze Mutiso’s assets which include; two ABSA Group Ltd accounts with Sh23,452,775.65 and Sh5,843,390.35 respectively, a Co-op Bank account with Sh1,932,167.53 and a KCB account Sh5,557,735.20, as investigations continue.