Unclaimed Financial Assets Authority Stories

The compliance audit, which sampled eight universities, found that the institutions held unclaimed financial assets in the form of caution money and o...

The Performance Audit Report, covering six years of UFAA’s operations, noted that the lack of a framework for the surrender and management of non-cash...

CS John Mbadi said several agencies are treating government funds as a source of returns, a move he described as a misuse of public resources.

Ufaa had set a target of collecting Sh4.5 billion and 300 million shares for the review period, surpassing the goal for shares but falling short of it...

The unclaimed assets include Sh39.4 billion in shares, which were surrendered to the Treasury, and Sh36.09 billion in cash held in local and foreign c...

The Senate Finance and Budget Committee, chaired by Mandera Senator Ali Roba on Tuesday found that while Sh11.5 billion in assets was expected, only S...