The Kenya Forum | Kalonzo Musyoka Foundation accused of money laundering - The Kenya Forum

May 3, 2017


Kalonzo Musyoka Foundation accused of money laundering. The NGO has had its bank accounts frozen amidst the investigation.

More by Correspondent

Kalonzo Musyoka Foundation accused of money laundering

Kalonzo Musyoka Foundation accused of money laundering

Could Wiper leader Kalonzo Musyoka become kingmaker?

The Non-Government Organisations Coordination Board has frozen the bank accounts for the Kalonzo Musyoka foundation over unaccounted funds.

The board is accusing the foundation of engaging in money laundering and operating and unauthorized bank accounts, both local and foreign, in contravention of the NGO Coordination Act.

The NGOs Board’s CEO Fazul Mahamed also accuses the foundation of failure to account for Sh196 million, including Sh50 million from Chinese donors.

“The funds are not traceable in the foundation’s bank accounts, annual returns, audited accounts or the foundation’s bank statements given to the board for review,” reads a section of a letter sent to the foundation’s directors.

On the Kalonzo Musyoka Foundation board of directors are the Foundation’s name sake and former Vice President (pictured above), his wife Pauline Musyoka, his son and one and Mrs Martha Mulwa.

The NGO board has now called for “forensic investigations” on the Kalonzo Musyoka Foundation to ascertain whether it had engaged in money laundering.

“Political Persecution”

Kalonzo Musyoka, who was named by NASA as Raila Odinga’s running mate in the August elections, has however denied the allegations calling it “political prosecution”.

“I will respond to all issues raised tomorrow (Wednesday) and Kenyans will be very shocked with what I will reveal. You should also look at the timing of the action of the board.”

Kalonzo Musyoka is often viewed as one of the few leaders of integrity in the country, who has never in the history of his service as a public officer been associated with any graft scandals and the allegations by the NGO board have indeed caught many Kenyans by surprise.

The allegations come just months after Mr Musyoka was feted the African Dignitary Man of The Year Award for his humanitarian work with the Kalonzo Musyoka Foundation last October.


Related Articles