Hard truths. Bold Insights. Real talk.
County governments are required to maintain their main bank accounts at the Central Bank of Kenya (CBK). Commercial accounts are allowed for specific purposes, but the County Treasury must first issue written authorisation.
The committee, chaired by Luanda MP Dick Maungu, is examining Auditor-General Nancy Gathungu’s reports for the financial years under review, with the school accounting officers expected to respond to various queries.
Modern Precast received the four contracts, with Sports Kenya having paid Sh839.4 million by the time of the audit.
The National Assembly Committee on Constitutional Implementation Oversight says the current legal framework has left a large amount of public money outside the direct reach of the Controller of Budget, with 75 funds and levies at the national level and several others at the county level operating as potential blind spots.
The Health CS referred to Article 228 of the Constitution and the Controller of Budget Act, 2016, saying they clearly define the responsibilities of the Controller of Budget.
The National Assembly Committee on Governance and Education is scrutinising the financial affairs of national, or C1, schools over five financial years from 2020 to 2025, working alongside the Auditor-General to examine how millions of shillings entrusted to the institutions were received, spent and accounted for.
In the audit of the county executive for the year ended June 2024, the Auditor-General questioned the independence and effectiveness of the internal audit function. The audit noted that the internal audit unit was placed under the finance department and that its approved work plan had not been fully implemented.
The warning came as Parliament continued its scrutiny of financial decisions made by schools, with principals being required to explain why they introduced extra payments without clearance from the Ministry of Education.
Nairobi School is expanding facilities for a growing student population as Parliament reviews the school’s 2024 financial management, projects and audit findings.
The hearing followed an audit of the institution’s financial statements for the year ended June 30, 2024, in which the Auditor-General issued a Qualified Opinion while finding that the statements fairly presented the school’s financial position, performance and cash flows, apart from the matters outlined in the Basis for Qualified Opinion.
The value of the surplus at Kagumo has also raised concern among lawmakers. The average price of a Grade 10 Geography textbook from four publishers is Sh1,093, with Kenya Literature Bureau selling it at Sh870, Longhorn Publishers at Sh1,102, Distinction Geography at Sh1,150 and Mentor Geography at Sh1,250.
According to the audit report for the year ended June 2024, NEMIS recorded 2,099 students at the school in September 2023, compared with 2,062 in the institution’s physical records.