A nairobi court has frozen accounts belonging to belonging to the suspects identified as Jean-Paul Tshikangu Musangu (Belgium) and Venan Mabiala Ma Mabiala(Congolese) for 90 days as the money is believed tp be from proceeds of crime.
This is after Assets Recovery Agency (ARA) made an application in court to freeze those accounts for 3 months to complete investigations into the matter.
“I allow an application by ARA to froze the two accounts at Stanbic Bank for a period pf 90 days,”ruled Judge Esther Maina.
The two foreigners are directors of Group Elykia Limited; a London based company. The court has also ordered that Sh197.5 million held in company bank account be frozen for a period of three months.
The money which the court preserved is $1,747,105.15 (Sh 197,510,237.21) held in the name of Group Elykia Limited, $305,950.87 held in the name of Masangu and $488,423.25 held in the name of Mabiala, all at Stanbic Bank.
The court also issued an order preserving the selling or dealing with a motor vehicle registration number KDE 033S Mercedes Benz, registered under the name of Mabiala, believed to have been bought at Car Warehouse Limited using proceeds of crime.
National Transport and Safety Authority Director General was also ordered to register a caveat against the record of the said motor vehicle.
Justice Maina further ordered the two directors and Car Warehouse Limited, which is listed as an interested party in the matter, to surrender the said motor vehicle and it’s original logbook to the State, with immediate effect, pending the hearing and determination of the case.