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EACC probes ex-housing boss over Sh870m fraud

Former National Housing Corporation (NHC) Managing Director James Ruitha is under investigation over a land transaction worth Sh870 million. The transaction involves acquisition of a parcel of land in Kitengela on behalf of the parastatal. Ethics and Anti-Corruption Commission (EACC) is investigating the purchase of the 150-acre parcel of land, which Mr Ruitha is alleged to have irregularly procured on behalf of the State-owned agency. Housing minister Soita Shitanda sacked Ruitha, alongside several other senior executives last July over the fraudulent allocation of houses where some officials took up to 21 units.

Source Link: http://www.standardmedia.co.ke/?articleID=2000075059&story_title=EACC-probes-ex-housing-boss-over-Sh870m-fraud

Source: Standard Pg 11

Date: Tuesday, 15 Jan 2013