Treasury faults counties for opening private bank accounts

Treasury PS Kamau Thugge

Treasury has reprimanded county governments for irregularly operating accounts outside the Central Bank of Kenya (CBK). The move is likely to escalate tensions between the two over the management of public finances.

In a report released yesterday detailing cumulative fiscal transfers between central and county governments, the Treasury said county governments had more than enough money to carry out key operations, despite reports from governors to the contrary.