×
The Standard e-Paper
Smart Minds Choose Us
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.
Controller of Budget Margaret Nyakang'o has said her office has no visibility over billions of shillings collected through key government funds and levies, including the National Infrastructure Fund and the Sovereign Wealth Fund, renewing fears about transparency in the Ruto administration's multibillion-shilling financial vehicles.
Speaking on Citizen TV, Nyakang'o said the Office of the Controller of Budget (CoB) cannot track how money collected through these standalone funds is spent because they operate outside the Consolidated Fund, the government's central account.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
Prefer the Standard on Google
join