The Ethics and Anti-Corruption Commission (EACC) has obtained orders for the forfeiture to the Government of Kenya assets worth KSh426,851,982.04 held by former Kilifi Principal Land Registrar Felix Mecha Nyakundi, his wife Stellah Nyaboke Otwori, and companies associated with the family.
In a Judgment delivered on 18th September 2026, Justice B.M. Musyoki of the Anti-Corruption and Economic Crimes Court held that Nyakundi and his associates had failed to satisfactorily explain the disproportion between the assets they acquired and their known legitimate sources of income.
The forfeited assets comprise:
- Cash at Bank/Mpesa: KES 233,581,982.16
- Prime properties within Nairobi, Mombasa and Kilifi Counties valued at KSh177,110,000 comprising:
i) Bantu Hotel along Kangundo Road, Nairobi, valued at KSh107,700,000
ii) Saro wiwa apartment block in Utawala, Nairobi, valued at KSh35,000,000
iii) A Mombasa Pent house valued at KSh19,000,000 and
iv) 11 parcels of land in Kilifi and Thika valued at KSh15,410,000 - Motor vehicles (Land Cruiser Prado, Mercedes-Benz and Toyota Hilux) valued at KSh11,899,999.88, and
- Cash: KSh4,260,000 recovered during a search operation.
The Commission’s investigations established that between January 2013 and March 2024, Nyakundi and his associates acquired assets cumulatively valued at KSh771,893,224. These included KSh467,764,521.60 transacted through various bank accounts and M-Pesa numbers, landed properties valued at KSh287,510,000, motor vehicles valued at KSh20,059,999, and KSh4,260,000 in cash recovered from the his residences.
It was further established that during this period Nyakundi was earning a gross monthly salary of KSh69,660 in 2013 to KSh115,630 in 2024.
During the investigations, Nyakundi and associates could only satisfactorily explain the acquisition of assets valued at KSh58,170,000. Consequently, the Commission instituted proceedings in accordance with Section 55 of the Anti-Corruption and Economic Crimes Act (ACECA) for recovery of the assets disproportionate to his known legitimate sources of income and which could not be satisfactorily explained.
“The Commission welcomes this landmark decision as a significant step towards recovering resources and ensuring that individuals involved in corruption and unethical conduct do not benefit from proceeds obtained through such conduct.”
