The government has unveiled a list of 126 Kenyans poised to receive unclaimed financial assets belonging to deceased individuals, including funds held in mobile money wallets, bank accounts, and other institutions.
In a notice issued on Tuesday, March 17, the Unclaimed Financial Assets Authority (UFAA) said the initiative is part of its mandate to reunite Kenyans with money left behind by relatives that has remained inactive over time. The announcement follows formal applications submitted by individuals seeking to recover these assets in line with the Unclaimed Financial Assets Regulations of 2016.
According to UFAA, the funds had been dormant for extended periods before being transferred to the Authority for custody. Claimants listed include family members, legally appointed administrators, and state officials managing estates on behalf of deceased persons.
Some public officers named in the notice include Deputy County Commissioners, Assistant Public Trustees, and Public Trustees, particularly in cases where succession processes are incomplete or families have yet to step forward.
The Authority stated that payments will be processed if no objections are filed within 30 days of the notice. Verified beneficiaries have already been published on the official UFAA website.
Members of the public with competing claims or concerns regarding the listed estates have been urged to submit their objections within the stipulated period.
Unclaimed assets often arise when families are unaware of accounts, fail to claim insurance benefits, or leave accounts inactive. To access such funds, applicants must present documentation proving their relationship to the deceased or legal authority over the estate.