The Standard Group Plc is a multi-media organization with investments in media platforms spanning newspaper print operations, television, radio broadcasting, digital and online services. The Standard Group is recognized as a leading multi-media house in Kenya with a key influence in matters of national and international interest.

Standard Group Plc HQ Office,
The Standard Group Center,Mombasa Road.
P.O Box 30080-00100,Nairobi, Kenya.
Telephone number: 0203222111, 0719012111
Email: [email protected]

NEWS & CURRENT AFFAIRS

The Nairobian

Cabinet secretary says Sh180m youth cash missing

Counties

By Anne Wagema | Mar 03, 2016

*Cabinet secretary Public Service, Youth and Gender Affairs Sicily Kariuki during Consultative Forum with County First Ladies at Hilton.* ON 03/02/16 PHOTO: JENIPHER WACHIE

Public Service, Youth and Gender Affairs Cabinet Secretary Sicily Kariuki has denied reports that the Youth Enterprise Development Fund lost Sh400 million.

Kariuki, while on a visit to hand over Uwezo funds cheques in Nakuru town yesterday, said only Sh180 million had not been accounted for. She also said the fund's Chief Executive Officer Catherine Namuye had already stepped aside to pave way for investigations.

"Only Sh180 million was not accounted for and investigations are underway. The Public Investment Committee (PIC) will submit a report on the same," she said.

The CS was commenting on the ongoing probe by PIC which questioned the fund's chairman Bruce Odhiambo on Tuesday.

She said the ministry was working on restoring public confidence after allegations of fraud rocked the management for the fund.