In summary
- Judge Esther Maina in her ruling, established that the money, which is held in two bank accounts belonging to Ms Nyamathira are proceeds of crime
- The hefty gifts were frozen by court court order and were held by the Assets Recovery Agency (ARA)since November 2021
The High Court has okayed the forfeiture of Ksh.102 million gifted to a 21 year old student Felista Nyamathira Njoroge by her Belgian boyfriend.
Judge Esther Maina in her ruling, established that the money, which is held in two bank accounts belonging to Ms Nyamathira are proceeds of crime.
Unexplained Wealth
She said the source of the money from billionaire Marc De Mesel had been satisfactorily explained, and the crypto personality failed to show how he earned the money.
The hefty gifts were frozen by court court order and were held by the Assets Recovery Agency (ARA)since November 2021.
Among the accounts frozen by the government agency are two distinct cooperatives bank accounts where Nyamathira is the account holder.
