Auditor-General Ouko names State firms looting billions

Auditor-General Edward Ouko speaks during a meeting involving the African Organisation of English-speaking Supreme Audit Institutions and INTOSAI-Development Initiative in Nairobi on November 14, 2017, pertaining setting up of an audit office in South Sudan. He has said state corporations are wasting public funds. PHOTO | FRANCIS NDERITU | NATION MEDIA GROUP

What you need to know:

  • The government is struggling to finance its current budget, with an Sh84 billion shortfall in revenue collection targets.
  • Henry Rotich is planning to slash the Sh302 billion allocated to the counties in the current financial year by between Sh15 and Sh17 billion.  

Auditor-General Edward Ouko has raised a red flag over the misuse of billions of public funds by state corporations and constitutional commissions in his latest report.

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