The Unclaimed Financial Assets Authority (UFAA) has called on Kenyans to come forward and claim over Ksh 82 billion in unclaimed assets.
Speaking on Monday, February 17, UFAA Chairman Francis Njenga emphasized the agency's commitment to reuniting the funds with their rightful owners
"We are looking for the owners of this Ksh82 billion to come and pick the money. Our core mandate is not to receive the money and keep it; we receive and reunify the money with the owners. We urge Kenyans to come forward and demand the money. This money belongs to Kenyans from all walks of life; from the Gen-Zs to the elderly people," he said.
On the other hand, UFAA acting CEO and Managing Trustee Caroline Chirchir assured the public of the safety of the funds, which are securely held at the Central Bank.
On her part, she reiterated the agency's dedication to safeguarding the assets until they are claimed.
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"The funds are safe at the Central Bank and for the years that one may not come, it's our responsibility to safeguard them. We do an average of a million or 2 million in a month in terms of claims that the public come to our offices to claim," she noted.
UFAA was established to manage unclaimed financial assets including dormant bank accounts, unclaimed insurance policies, shares, and other financial assets that have been abandoned over time.
To check for unclaimed assets, you can visit the UFAA website and navigate to the "Find & Claim" section, where you can select "Find Assets" and enter your personal details to search for any unclaimed assets under your name.
Alternatively, you can use the USSD service by dialing *361# on your mobile phone and following the prompts to check for unclaimed assets associated with your identity.
Lodging a claim with UFAA depends on your relationship to the asset, but you will need to provide certain documents, including a certified copy of your National ID card and an official letter from the holder confirming the remittance of unclaimed assets to UFAA.
Additional documents may be required depending on your claim category, such as a death certificate for beneficiaries or a certificate of incorporation for business entities.
