Auditor General questions State's hefty funding of KNSL

Southern Engineering Company engineers watch as the first Kenyan built barge Alpha 2500 is towed into the ocean from the dry dock in Mombasa.[File, Standard]

Auditor-General Nancy Gathungu has identified a series of irregular expenses, unexplained loans, and blatant disregard of the law by Kenya National Shipping Line's (KNSL) management.

She reveals that the firm also received funds from the Exchequer despite the 2018 changes in shareholding structure that greatly reduced Kenya Ports Authority (KPA) equity ownership in it.