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October 10, 2025
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EACC raises Sh69.7 million from auction of ex-Governor Obado properties

EACC raises Sh69.7 million from auction of ex-Governor Obado properties

The properties which are located in Nairobi's Riara, Greenspan and Loresho Ridge Estates, are part of ten assets earmarked for disposal by the anti-graft agency. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

The Ethics and Anti-Corruption Commission (EACC) successfully auctioned five properties recovered from former Migori Governor Okoth Obado and former Nairobi County Treasury Head Stephen Osiro, realizing over KSh69.7 million. This auction, held on October 9, is part of ongoing efforts to recover assets acquired through corrupt means.

  • Total raised from the auction of five properties: KSh69.7 million
  • Key organizations involved: Ethics and Anti-Corruption Commission (EACC)
  • The properties auctioned were located in Nairobi’s Riara, Greenspan, and Loresho Ridge Estates, with the remaining five properties in Kisumu and Migori counties scheduled for auction on October 16, 2025.

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Part of the Day's Coverage

Courts Rule on Trademark Case, KDF Wrongful Dismissal, and Authorize Exhumation - October 2025

Kenyan courts have delivered several key rulings and orders. The High Court in Nairobi overturned a lower court's decision in a trademark case, leading to media personality Willis Raburu losing his Ksh6.5 million infringement suit on the grounds that the magistrate's court lacked jurisdiction. In another matter, the Court of Appeal rejected an appeal by Defence CS Soipan Tuya, upholding a Ksh1 million compensation award to a former KDF soldier for wrongful dismissal. Meanwhile, the Ethics and Anti-Corruption Commission (EACC) auctioned five properties recovered from former Migori Governor Okoth Obado, raising over KSh69.7 million on October 9. A Nakuru court also authorized the DCI to search for and exhume the remains of a missing fisherman, Brian Odhiambo, within Lake Nakuru National Park following his disappearance on January 18 while in KWS custody.

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