University of Nairobi denies financial crisis allegations

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He nonetheless admitted that any public institution was bound to face financial constraints especially now that the country is choked with debt. In case of such a crisis, the vice chancellor said he was prepared for it. However, this is not the first time the top-notch university has been accused of misusing funds allocated to it.For More of This and Other Stories, Grab Your Copy of the Standard Newspaper.
In January, Auditor General Edward Ouko noted that the university was not paying statutory dues to the Kenya Revenue Authority (KRA). Ouko also said that the State was to blame for the low funding as well as below standard revenues collected from such a prominent institution.SEE ALSO :UoN don found with dead son in her house
Mbithi took solace in the fact that the university is still ranked among the best performing universities; in terms of productive partnerships. “We are an accountable institution and our accounts are open for the public to decide,” he said.Do not miss out on the latest news. Join the Standard Digital Telegram channel HERE.