The High Court has lifted the order freezing accounts of Chief Finance Officer Jimmy Kiamba over fraud charges levelled against him.
Justice Mbogholi Msagha said the funds in Kiambaâ€™s account was not sufficient evidence to claim the money was obtained fraudulently.
Last week, Kiamba said he cannot afford meals and school fees for his children as he was living from hand to mouth.
The CFO was charged with defrauding the Nairobi county government of millions of shillings and abuse of office.
Kiamba is believed to have been depositing large sums of money in his Equity, Standard Chartered and Gulf Africa bank accounts.
On November 14, last year, the EACC said Kiambaâ€™s Sh85,000 monthly salary did not match the accounts, prompting them to freeze the accounts.
The EACC believed Kiamba acquired the property through fraudulent deals using his position. EACC said it suspected part of the money was re-channelled to some county officials as kickbacks.
Kiamba had Sh14.4 million in his two CFC Stanbic accounts when they were frozen. One had a balance of Sh10.3 million while the second had Sh4.1 million.
Apart from the local accounts, he has foreign accounts, which transacted more than Sh400 million between January and November last year.
He also owns six cars and estates which includes four apartments in Kilimani, a town house in Kileleshwa, two maisonettes in South C and eight plots in Muthaiga, Mavoko and Machakos.
-Â Star Newspaper