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Originally published by Capital Newstop
October 31, 2025
8h ago
Lawyers, Accountants Top HELB Loan Defaulters as Agency Seeks Power to Freeze Bank Accounts

Monari said that 21,356 lawyers, 19,580 accountants, 16,855 doctors, and 12,014 engineers have failed to honour their repayment obligations. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..
✨ Key Highlights
The Higher Education Loans Board (HELB) is seeking new legal powers to freeze bank accounts of loan defaulters, identifying lawyers and accountants as leading the list of those who have failed to repay. This move aims to ensure the sustainability of the student financing scheme.
- HELB reports 21,356 lawyers and 19,580 accountants are top defaulters, while teachers are the most reliable payers, contributing nearly Sh200 million monthly.
- Chief Executive Officer Godfrey Monari stated the agency plans to strengthen their legal framework to freeze accounts of those "able but unwilling to pay."
- HELB has already listed 124,640 defaulters with the Credit Reference Bureau (CRB) and handed 83,500 cases to debt collectors, with over 300,000 matured loan accounts currently managed.
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