Ngara

2024 - 4 - 30

Mathe Wa Ngara Loses Sh13 Million: Court Orders Seizure of Funds

asset forfeiture - Asset Recovery Agency - court decisions - financial loss - financial management - High Court ruling - legal battles - Nancy Kigunzu

Breaking News: Mathe Wa Ngara's fortune seized by the state in court ruling. Find out more!

Mathe Wa Ngara, also known as Nancy Kigunzu, recently faced a significant setback as the High Court ruled to forfeit over Ksh.13 million seized from her. The court's decision to transfer the funds to the Asset Recovery Agency's KCB account marked a legal blow for the businesswoman. Mathe Wa Ngara's financial loss highlights the consequences of illicit activities.

In a dramatic turn of events, the anti-corruption High Court specifically targeted Mathe Wa Ngara's assets, ordering the forfeiture of Ksh.13.4 million linked to her. This ruling underscores the government's stringent measures against financial misconduct and unlawful gains. Mathe Wa Ngara's case serves as a cautionary tale for those involved in illegal dealings.

The saga of Mathe Wa Ngara losing her fortune resonates with the ongoing battle against corruption and crime in Kenya. The court's verdict sends a clear message that ill-gotten wealth will not go unpunished. Nancy Kigunzu's unfortunate financial downfall sheds light on the consequences of engaging in criminal activities for personal gain.

In a surprising twist, Mathe Wa Ngara's loss of Ksh.13.4 million, declared as proceeds from illegal activities, reveals the complexities of financial crime investigations. The swift action taken by the High Court showcases the commitment to upholding justice and restoring integrity in the financial sector. Mathe Wa Ngara's case stands as a notable example of the legal system's determination to combat corruption and preserve the rule of law.

Post cover
Image courtesy of "Daily Nation"

'Mathe wa Ngara' loses Sh13m to State after court declares it ... (Daily Nation)

A photo of Nancy Kigunzu believed to be 'Mathe wa Ngara' after she was arrested in Nairobi CBD on August 21, 2023. Photo credit: Courtesy | @huseinmoha/X.

Post cover
Image courtesy of "NTV Kenya"

NTV Kenya: Mathee wa Ngara: Nancy Kigunzu loses seized Sh13m ... (NTV Kenya)

Nancy Indoveria Kigunzu, popularly known as Mathe Wa Ngara, has lost Sh13.4 million seized from her.

Post cover
Image courtesy of "The Star, Kenya"

Mathe wa Ngara loses Sh13.4m to government (The Star, Kenya)

The High Court has ordered the amount to be forfeited to the state. Justice Esther Maina said the money be transferred to the Asset Recovery Agency KCB account, ...

Post cover
Image courtesy of "Citizen Digital"

Mathe wa Ngara's Ksh.13M to be forfeited to the state, High Court rules (Citizen Digital)

The High Court has ruled that over Ksh.13 million seized from businesswoman Nancy Kigunzu, also known as 'Mathe wa Ngara' be forfeited to the state.

Post cover
Image courtesy of "K24 TV"

Court orders Mathe wa Ngara to forfeit Ksh13 million to State (K24 TV)

Businesswoman Nancy Indovera Kigunzu, popularly known as Mathe wa Ngara, has dealt a huge blow after a Nairobi High Court ordered her Ksh13 million be ...

Post cover
Image courtesy of "The Standard"

Mathee wa Ngara ordered to return Sh13.4 million to government (The Standard)

The anti-corruption High Court has ordered Nancy Indoveria Kigunzi to forfeit Sh13.4 million that was confiscated from her house during the drugs raid by ...

Post cover
Image courtesy of "Nairobi News"

Mathe Wa Ngara loses Sh13.4m of her money found in drug den (Nairobi News)

Nancy Indoveria Kigunzi, popularly known as Mathe Wa Ngara, lost Sh13.4 million seized from her house last year after the court declared it proceeds of ...

Explore the last week