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Controller Of Budget ‘Forced’ To Transfer KSh 15.5 Bn Before Elections

Benson Muriithi by Benson Muriithi
March 8, 2023
in News
Reading Time: 2 mins read
Budget

[Photo/ Courtesy]

A big shock to Kenyans as Dr. Margaret Nyakang’o, Controller of Budget, revealed to the Parliamentary Public Petitions Committee on Tuesday that she was ‘forced’ to sign out Ksh 15.5 bn a few days to the election.  

The Controller of Budget claims she was put under duress to sign out Ksh 6.0 bn for buying Telcos and an additional Ksh 9.5 bn from the annuity fund just days to the 9th August 2023 elections.

These claims were followed by shocking revelations of a WhatsApp conversation where someone purporting to be the former Treasury CS, Ukur Yatani, requested that the funds be approved in less than an hour by the orders of the former president, Hon. Uhuru Kenyatta. Dr. Margaret claims that she eventually obliged and approved the funds.

Read: CBK, Controller Of Budget To End Counties’ Financial Mischief In New Deal

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When the Controller of Budget was asked why she could not say no to the requests, she replied, “it is not a black-and-white, yes-and-no” situation. She continued to defend her actions and said that there are many things that she weighed before arriving at the decision and that her office needed to be protected as she had poked holes into the integrity of the previous government. 

This incident unfolds at a time when Kenya is experiencing high cost of living attributable to the high inflation rate and a subsequent drought in Kenya. 

Should Kenyans concentrate on the high cost of living or chase billions alleged to be lost among corrupt leaders? Think about that!

Email your news TIPS to editor@thesharpdaily.com

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