Ouko to be audited as he exits office
SEE ALSO :Street families fund lost Sh14m — reportIn a report tabled in the National Assembly last week, PAC chaired by Opiyo Wandayi (Ugunja) said it had settled on PKF Kenya since it has the technical and financial capacity to audit the auditor. The firm beat six others that had bid for the tender garnering 87.36 per cent.
Six firmsThe six firms include Ronalds and Associates, which had quoted Sh31.6 million and came second having scored 86.72 per cent while Nelson & Francis Associates, Mazars, Earnest and Martin Associates, Ambale and Company Limited and Kiarie Kangethe and Associates were disqualified. Wandayi asked the House, which is expected to debate the report this week, to approve the firm to allow the auditing process for the financial years 2014/2015, 2015/2016, 2016/2017 and 2017/2018. The decision to settle on M/S PKF came after attempts by the Parliamentary Service Commission (PSC) chaired by National Assembly Speaker Justin Muturi to identify a professionally qualified accountant to provide the external auditor services was rejected by the House.
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