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Originally published by Capital News
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February 10, 2026
5d ago

UFAA Holds Sh57bn in Unclaimed Assets as Kenya Moves to Strengthen Asset Reunification

UFAA Holds Sh57bn in Unclaimed Assets as Kenya Moves to Strengthen Asset Reunification

National Treasury on Tuesday inaugurated a Technical Working Group tasked with developing Kenya’s National Policy on Unclaimed Financial Assets. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

The Unclaimed Financial Assets Authority (UFAA) is holding Sh57 billion in unclaimed assets. In response, the National Treasury has launched a Technical Working Group to develop a National Policy on Unclaimed Financial Assets, aiming to streamline identification, recovery, and reunification of these funds.

  • The UFAA currently manages Sh57 billion in unclaimed assets, including government securities and institutional shares.
  • The National Treasury inaugurated a Technical Working Group to create a National Policy on Unclaimed Financial Assets.
  • The new policy will focus on modernizing asset recovery, enhancing inter-agency coordination, and leveraging digital solutions to return assets to rightful owners.

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