According to the ARA, MP Gachagua is unable to show proof that he acquired over Ksh200 million in his bank accounts through loans.
But the legislator dismissed the report by the Assets Recovery Agency claiming that it was a witchhunt due to his support of Deputy President William Ruto.
In 2020, detectives from the Serious Crimes Investigations Unit at the Directorate of Criminal Investigations (DCI) headquarters concluded a probe against the MP over alleged embezzlement of public funds.
Bank accounts belonging to Mr Gachagua were frozen as detectives sought to know the source of the Ksh12 billion that passed through his accounts.
MP Gachagua was accused of colluding with Nyeri County Government officials and public officers at the irrigation docket to embezzle funds through his companies.
The court froze three accounts under Rigathi’s name at a local bank. The accounts were registered under three firms, Wamunyoro Investment which has two accounts and Technical Supplies and Services Limited.
“It is hereby ordered that warrants to restrict debits for a period of seven days on the bank is hereby issued,” Milimani Court Senior Resident Magistrate Muthoni Nzibe ruled.
The court also froze three more accounts owned by Crystal Kenya Limited, Jenne Enterprises and Encartar Diagnostics Limited.
Preliminary investigations by the DCI indicated that 22 companies were beneficiaries of Ksh12 billion in tenders from the national and county governments.
Detectives extended investigations into politicians allied to Deputy President William Ruto who allegedly received part of the funds.
The case has proved to be a thorn in Gachagua’s budding political career after he was arrested at his Nyeri home on Friday morning, July 23, 2021.
During the raid, reports indicated that a convoy of 50 cars made its way into Gachagua’s compound and transferred him to an unknown destination for grilling.