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Sh500b State funds cannot be accounted for, says Auditor General Edward Ouko

Sh500b State funds cannot be accounted for, says Auditor General Edward Ouko
Auditor General Edward Ouko. During the 2011/12 financial year, taxpayers lost more than Sh300 billion, but the latest estimates indicate the figure could rise to nearly Sh500 billion.

By Lillian Kiarie

Kenya: As much as Sh500 billion State cash could have been squandered or cannot be accounted for since 2012.

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