Behold!! The Lord of Unclaimed Assets is born.

Unclaimed Financial Assets Authority(kenya) earlier yesterday at a Nairobi Hotel made public its 5year strategic plan anchored on the medium term plan 2 of Kenya vision 2030 goal of increased market access. The launch which was happening  in the wake of coming into force of the Unclaimed Financial Assets Regulations expands the intitutions legal claws over all unclaimed assets, excluding land, existing in all organizations operating in Kenya. According to estimates flashed in the media late last year, approximately Ksh 150 Billion is assumed to be lying unclaimed. A situation the strategy will help reverse, Speaking during the launch, board chairman, Mr Katwa Kigen, who also doubles up as international lawyer representing radio journalist Joshua Sang, facing ICC charges, termed the decade long wait essential in fixing the legal bolts essential for making the institution fully operational. The institution is set to pay out Ksh 42 million of unclaimed assets currently recovered.