Exposed

Mystery Of A Junior Treasury Official Who Earns Sh50K Monthly Yet Has Sh18M In Her Account After Two Years

The Ethics and Anti-corruption Commission (EACC) has frozen Ksh18 million believed to be proceeds of corruption held by Tracy Njoki, a junior finance officer at the National Treasury.

30-year-old Njoki was employed in 2020, earning a salary of Ksh50,000, according to EACC.

In January 2020, Njoki joined the National Treasury as a Finance Officer II from the Ministry of Industry, Trade and Cooperatives- State Department of Cooperatives, where she had been employed since 2018.

“Tracy Njoki King’e earned an average monthly salary of Ksh50,954.53 between March 2020 and May 2022, which amounted to approximately Ksh1,350,000 during the period under investigation,” EACC said.

EACC findings

However, the anti-graft watchdog says that between February 2020 and March 2022, Njoki received Ksh24 million as imprests, facilitation and extraneous allowance in her Cooperative bank account.

Between February 2022 and June 2022, she received Ksh11.9 million as imprests, facilitation and extraneous allowance in her I&M bank account.

Preliminary investigations established that out of the Ksh11.9 million received through her I&M bank account, a sum of Ksh11 million was transferred to her fixed deposit accounts in the same bank while Ksh498,000 was withdrawn in cash leaving a balance of Ksh400,000.

It was also discovered that out of Ksh24 million received through her Cooperative Bank account, a sum of Ksh4.6 million was used to purchase Treasury Bills, while Ksh2.7 million is the balance in the account.

“Today, the 21st June 2022, EACC obtained orders from the High Court to freeze cash in excess of Ksh18 million in her various accounts in I&M and Cooperative Banks, pending the conclusion of investigations,” added EACC.


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