200 parastatals choking under huge debts, says auditor Edward Ouko

Youth leaders Silvana Osoro and Dishon Mulinge address the media on Wednesday. They said they would mobilise other youths to demonstrate if the Government does not take action on the massive wastage reported by the Auditor General. [PHOTO: JENIPHER WACHIE/ STANDARD]

Nairobi: Even after the bold step by the Jubilee administration to restructure 200 parastatals to boost their efficiency and effectiveness, some 21 State Corporations and agencies are still choking under a Sh16.6 billion debt.

Some of the debts indicated in the audit report released by Auditor General Edward Ouko date back to 1979.