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Originally published by Capital News
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October 10, 2025
7h ago

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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