Tricks parastatal bosses use to fatten their wallets with stolen public funds

Kenya Meat Commission factory in Athi River. A former MD withdrew Sh27m from two separate accounts and then stashed the money in his private account

They steal, eat and walk away leaving their parastatals reeling under a mountain of debt. The public, which is supposed to receive the services, is left suffering.

This is the story of the blatant theft of public funds in Kenya’s parastatals and politically expedient policy blunders that has turned some public bodies into loss-making entities.