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Five Nairobi properties tied to corrupt officials sold for Sh69.7M; another auction set for Oct. 16.
The Ethics and Anti-Corruption Commission sold five high-value Nairobi properties linked to former Migori Governor Okoth Obado and ex-Nairobi County Treasury head Stephen Osiro for Sh69.7 million in a public auction on October 9, 2025, all exceeding reserve prices.
Proceeds will go to the Consolidated Fund.
The assets, acquired through alleged corruption between 2013 and 2017, include units in Loresho, Riara, and Greenspan Estates.
A follow-up auction for five remaining properties in Kisumu and Migori is set for October 16, 2025.
A Sh505 million criminal case remains pending, though out-of-court resolution efforts are underway.
Cinco propiedades de Nairobi vinculadas a funcionarios corruptos se vendieron por Sh69.7M; otra subasta se fijó para el 16 de octubre.