×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Audit: Sh215b Eurobond cash unaccounted for

Auditor General Edward Ouko. (Photo: Boniface Okendo/Standard)

The Auditor General has declared that Sh215 billion from Kenya’s controversial Eurobond funds has not been accounted for, two years after the Government claimed the cash was allocated to ministries.

The finding comes in Government audit report, which shows that, contrary to claims that the funds were allocated to some ministries, there is no proof of “receipt of expenditure” of this money anywhere in government.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in