MPs order freeze of Sh48m property acquired using Youth Fund money

Quorandum Director Mukuria Ngamau before the Public Investment Committee on Tuesday. [PHOTO: BONIFACE OKENDO/STANDARD]

A parliamentary committee has directed authorities to freeze the transfer of property worth Sh48.5 million to a firm that was paid Sh180 million by the Youth Enterprise Development Fund (YEDF).

The National Assembly Public Investment Committee (PIC) yesterday directed the Assets Recovery Agency in Attorney General Githu Muigai's office to speedily obtain an order to repossess the residential unit purchased by Quorandum Ltd Managing Director Mukuria Ngamau.