The Auditor-General, Nancy Gathungu, has flagged the National Treasury over the alleged diversion of Ksh 30 billion from Eurobond proceeds to cover domestic Treasury Bond shortfalls, a move she says breached the terms of the sovereign bond agreement and raised concerns over fiscal accountability. “The utilisation of the sovereign bond proceeds to cover the Treasury
A suspected jet fuel theft operation has been stopped at Wilson Airport after the arrest of four suspects and the recovery of hundreds of litres of fuel. In a statement, the Directorate of Criminal Investigations (DCI) said detectives from the Kenya Airports Police Unit (KAPU) reported that the incident unfolded after officers intercepted a white
Murang’a Governor Irungu Kang’ata has outlined his political future after announcing that he will not seek re-election on the UDA ticket. In an interview on Citizen Television, Kang’ata said he is not interested in presidential politics at the moment because the time is not right. “I am not interested in the politics of presidential candidates.