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Detectives from the Ethics and Anti-Corruption Commission on Tuesday raided the home of Kisumu Speaker Onyango Oloo.

His home in the lavish Milimani estate and those belonging to current and former officials of the Lake Basin Development Authority in Kisumu and Nairobi were also raided.

Also Read: Onyango Oloo under fire over Ksh 4.2B ‘illegal’ Kisumu mall

Oloo is a former chairman of the authority.

EACC Communications Officer Yassin Aila said the raids are part of investigations into the loss of millions of shillings used for the construction of Kisumu Lake Basin Development Authority mall.

Mr. Aila however declined to identify the individuals whose homes were raided.

The EACC is probing two issues from the project: the cost variation and the decision by the Authority to use a government instrument to secure a loan from cooperative bank without consent from the AG.

LBDA took a loan of Ksh.2.5billion from Co-operative Bank which was charged to the title deed of the authority’s land.

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Treasury had only allocated the LBDA Ksh.1billion to clear the debt but the National Assembly Finance Committee secured an additional Ksh.1.6billion in the 2016/17 budget.






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