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Treasury officials withdrew Sh6.3bn without MPs’ approval, audit reveals

Summary by Ground News
Auditor General Nancy Gathungu has warned of a gradual increase in fund withdrawals by the National Treasury without prior approval from the National Assembly. She says that the non-sanctioned withdrawals captured under Article 223, escalated from Ksh.1.1 billion requested during the 2014/2015 financial year, to K.sh.147.3 billion requested by the current administration in the 2022/2023 financial year.

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Daily NationDaily Nation
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Treasury officials withdrew Sh6.3bn without MPs’ approval, audit reveals

Top Treasury withdrew the money from the Consolidated Fund to buy shares in two African banks.

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Auditor General flags withdrawal of Ksh.147B by Treasury without Parliamentary approval

Auditor General Nancy Gathungu has warned of a gradual increase in fund withdrawals by the Treasury without prior approval from the National Assembly.

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Daily Nation broke the news on Wednesday, February 7, 2024.
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