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Somaliland President meets with Ethiopian Prime Minister

Somaliland President meets with Ethiopian Prime Minister
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List of Wealthy Kenyans Who have Abandoned Ksh51B Assets

List of Wealthy Kenyans Who have Abandoned Ksh51B Assets
From left: Senators James Orengo (Siaya), Moses Wetangula (Bungoma) and Wiper leader Kalonzo Musyoka
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The Unclaimed Financial Assets Authority (UFAA) has disclosed the names of wealthy Kenyans who are have not redeemed over Ksh 51 billion in assets and cash belonging to them or their families.
UFAA on Monday, March 1, said that the idle assets amounted to Ksh 51.4 billion in December 2020, a Ksh 8 billion rise from the Ksh 43 billion reported in June the same year.
The 19 percent increase was attributed to entities surrendering more assets on the introduction of penalties for not submitting unclaimed assets reports of between Ksh 7,000 to Ksh 50,000 per day. The deadline for submission, according to the agency, is November 1 of every year. ....

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