The High Court has lifted a freeze order on Sh5.6 billion linked to two Nigerians suspected to enjoy the backing of a powerful Kenyan politician and two Kenyans.
An affidavit filed in court by an investigator working at Assets Recovery Agency (ARA) said the explanation given by OIT Africa Ltd, Avalon Offshore Logistics Ltd and RemX Capital Ltd was satisfactory, leading to the release of the billions held in multiple accounts at Equity and UBA Bank.