EACC Arrests Nine Treasury Officials in Ksh 1.57B Scandal
The suspects have been taken to the EACC's Integrity Centre with investigations ongoing to establish how they allegedly were involved in the scandal...
✨ Key Highlights
The Ethics and Anti-Corruption Commission (EACC) has arrested nine National Treasury officials in connection with an alleged embezzlement scandal involving Ksh1.57 billion.
- Alleged embezzlement of Ksh1.57 billion from the National Treasury.
- Nine suspects arrested and in custody at the EACC's Integrity Centre.
- The funds were allegedly lost through the PROFIT programme, with over Ksh1.56 billion fraudulently deposited into a new account after the official one was closed.
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EACC Arrests Nine Treasury Officials in Ksh1.57 Billion PROFIT Programme Fraud - August 2026
The Ethics and Anti-Corruption Commission (EACC) has arrested nine individuals, including senior National Treasury officials and business owners, over an alleged Sh1.57 billion fraud scheme involving the PROFIT Programme. The Kenyan government is also launching a value-for-money assessment of the Ksh21 billion World Bank-backed Second Kenya Informal Settlements Improvement Project (KISIP2) to ensure it benefited intended communities. Separately, the Registrar of Companies has initiated the dissolution of over 750 companies in Kenya, with 200 already formally struck off the register as of August 14 and 550 more facing potential closure, putting thousands of jobs at risk.
