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Auction outcome for Obado's Loresho home by mid-2025
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Resolution / Starting Odds
Sold above Ksh.40 million • 33%
Sold at Ksh.40 million • 33%
Sold below Ksh.40 million • 33%
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Story
Former Governor Obado Settles Ksh.1.9B Asset Case with EACC, Surrenders KES 235.6M Properties
Jun 19, 2024, 02:29 PM
Former Migori Governor Okoth Obado has reached a settlement with the Ethics and Anti-Corruption Commission (EACC) to close a Ksh.1.9 billion asset case against him. Obado agreed to surrender high-end vehicles and properties valued at KES 235.6 million, including a Ksh.40 million home in Loresho. This agreement allows the EACC to seize eight properties and two motor vehicles, which were allegedly acquired with stolen public funds. As part of the deal, KES 2B corruption cases against Obado and his children will be dropped. The consent was reached at the High Court.
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Ko Wen-je found guilty • 25%
Ko Wen-je found not guilty • 25%
Investigation ongoing • 25%
Charges dropped • 25%
Police officers found responsible • 25%
Non-police suspects found responsible • 25%
Case remains unsolved • 25%
Other outcome • 25%
Returned to original owner • 25%
Sold to a new owner • 25%
Remains with the woman • 25%
Other • 25%
Settled out of court • 25%
Court rules in favor of Maguire • 25%
Court rules in favor of Biden • 25%
No resolution by end of 2024 • 25%
No action taken • 25%
Disciplinary action against senior officials • 25%
Policy changes recommended • 25%
Sale of the penthouse recommended • 25%
Contracts deemed lawful • 33%
Contracts deemed unlawful • 33%
Contracts partially deemed unlawful • 33%
Seized by authorities • 25%
Sold to compensate investors • 25%
Retained by the involved party • 25%
Other outcome • 25%
No action taken • 25%
Purchase deemed appropriate • 25%
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Further investigation recommended • 25%
Used in new construction • 25%
Stored for future use • 25%
Recycled or repurposed • 25%
Other • 25%
Significant discrepancies found • 25%
Minor discrepancies found • 25%
No discrepancies found • 25%
Audit inconclusive • 25%