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

Unclaimed financial assets authority on the spot over slow disbursement of cash to owners

Auditor General Nancy Gathungu. [Jonah Onyango, Standard]

The Unclaimed Financial Assets Authority (UFAA) has done little in delivering on its core mandate of connecting beneficiaries with their cash that is lying idle at the State agency.

This is according to a new report by Auditor General Nancy Gathungu, which notes that the agency’s success rate of distributing unclaimed assets to their rightful owners is significantly low.

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • 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