Parastatals face shake up to stem corruption and public funds wastage

Stemming  fund mismanagement          Photo: Courtesy

By  Stephen Makabila

Kenya, Close to 300 parastatals will soon face a major shake up to stem corruption and wanton wastage of public funds. Up to half of them rely on the Treasury to pay salaries and manage their operations, a situation President Uhuru Kenyatta wants reversed. This comes even as an audit report by Government revealed gross financial mismanagement at the Kenya Meat Commission.