In a shocking revelation, Auditor-General Nancy Gathungu has uncovered a staggering irregularity in the transfer of funds by Nairobi City County. According to her report, a whopping Sh9.3 billion was transferred through Kenya Revenue Authority (KRA) bank accounts over a period of 13 months, from September 15, 2022, to June 2023, without a valid agreement in place. This alarming discovery has sent shockwaves through the city, raising questions about accountability and transparency in the management of public funds.
The report by Auditor-General Gathungu has brought to light the lack of proper oversight and control mechanisms in place within Nairobi City County. The transfer of such a significant amount of money without a valid agreement is a clear violation of financial regulations and exposes the county to potential risks of mismanagement and corruption. This revelation underscores the urgent need for stronger checks and balances to prevent such incidents from occurring in the future.
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The timing of this revelation is particularly significant, as it comes at a time when the city is grappling with numerous challenges, including a struggling economy, high levels of unemployment, and inadequate public services. The mismanagement of funds at this scale only serves to exacerbate these existing problems and further erode public trust in the government’s ability to effectively manage resources for the benefit of its citizens.
The hashtag #OccupyCBDTuesday has been trending on social media following the release of the Auditor-General’s report, with many calling for accountability and transparency in the handling of public funds. The citizens of Nairobi are demanding answers and action from their leaders, urging them to take swift and decisive measures to address this grave financial misconduct.
As news of this scandal continues to spread, it is imperative for the authorities to conduct a thorough investigation into the matter and hold those responsible accountable for their actions. The people of Nairobi deserve to know the truth about how their hard-earned tax money is being managed and to have confidence that it is being used for the public good.
In the wake of this shocking revelation, it is crucial for Nairobi City County to implement stronger financial controls and oversight mechanisms to prevent similar incidents from occurring in the future. Transparency and accountability must be prioritized in all financial transactions to ensure that public funds are used responsibly and in accordance with the law.
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The Auditor-General’s report serves as a wake-up call for the authorities to take decisive action to address the systemic issues that have allowed such a massive irregularity to occur. The people of Nairobi are demanding change and are calling for their leaders to uphold the highest standards of integrity and accountability in the management of public funds.
As this story continues to unfold, it is essential for the authorities to keep the public informed and to demonstrate their commitment to transparency and accountability. The people of Nairobi are watching closely and will not rest until they see justice served and the necessary reforms implemented to prevent such incidents from happening again in the future..
Auditor-General Nancy Gathungu revealed that Nairobi City County irregularly transferred Sh9.3 billion through KRA bank accounts over 13 months, from September 15, 2022, to June 2023, without a valid agreement. #OccupyCBDTuesday
— Cornelius K. Ronoh (@itskipronoh) July 9, 2024
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itskipronoh said Auditor-General Nancy Gathungu revealed that Nairobi City County irregularly transferred Sh9.3 billion through KRA bank accounts over 13 months, from September 15, 2022, to June 2023, without a valid agreement. #OccupyCBDTuesday
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