Sharp Daily
No Result
View All Result
Tuesday, June 3, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

KeNHA scrutinized over KES 128M in dormant accounts

Teresiah Ngio by Teresiah Ngio
October 25, 2024
in News
Reading Time: 2 mins read

The Kenya National Highways Authority (KeNHA) came under scrutiny on Wednesday as Members of Parliament questioned the agency’s financial management during a review of its 2020/2021 and 2021/2022 audited accounts.

Appearing before the National Assembly’s Public Investments Committee on Commercial Affairs and Energy, KeNHA Director-General Eng. Kungu Ndungu responded to concerns about unused funds and delays in project payments, among other issues.

MPs questioned why KES 128 million remained in dormant accounts despite the completion of the associated projects. Eng. Ndungu stated that six dormant accounts had been closed and clarified that the remaining account is tied to an active project. “The six dormant accounts have been closed; we only maintain one that remains active due to ongoing work,” he explained, addressing concerns about potential risks for misappropriation.

Committee Chairperson David Pkosing (Pokot South) urged further clarification on outstanding payments and project delays, noting that some contractors have gone unpaid for over three years. “We need Treasury CS John Mbadi and Transport CS Davis Chirchir to address these delays and support KeNHA in resolving outstanding bills,” he stated, adding that both CSs are expected to appear before the committee on October 29.

RELATEDPOSTS

High Court issues injunction against government’s road tolling plan

August 26, 2024

KeNHA secures relief in KES 769 Million Mombasa bypass land compensation dispute

August 9, 2024

He emphasized that these financial issues are not solely the responsibility of KeNHA. “This is not the fault of the Director-General or his team but rather a political issue,” Pkosing remarked.

The committee also highlighted uneven resource allocation, delays by contractors, and numerous pending bills as critical challenges facing KeNHA. Pkosing insisted that these issues hinder infrastructure development, raising concerns about the agency’s budgetary priorities.

Another contentious point in the audit was the KES 11 million spent by KeNHA on overseas training, despite the government’s austerity measures. When questioned, Eng. Ndungu presented documentation showing the travel approvals issued by the State Department for Infrastructure. He indicated that these trainings were necessary for specialized skills essential to KeNHA’s operations.

Previous Post

Lake Yahud body not linked to missing Wajir MCA, DNA confirms

Next Post

High court issues conservatory orders on energy deal with Adani

Teresiah Ngio

Teresiah Ngio

Related Posts

News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025
Agriculture And Economy
News

Lets get Kenya out of FATF list

May 9, 2025
News

The downside of Impact Investing

May 2, 2025
News

Leadership challenges at the University of Nairobi

April 24, 2025
News

Easter eggs and earnings: Growing your nest egg with CMMF

April 16, 2025
News

Geoffrey Ruku declares KES 377M net worth during CS vetting

April 15, 2025

LATEST STORIES

Best investments for Kenyan seniors: Secure, predictable & low-risk

May 30, 2025

Why June is the Secret Sweet Spot for Travel

May 30, 2025

Strategies to elevate more women to corporate leadership

May 30, 2025

Tap on Kenya’s 2025 tech revolution

May 30, 2025

How CURBS supports employers and employees

May 30, 2025

NSE deserves more attention from young investors

May 29, 2025

The silent strain of remote work on Kenya’s urban workforce

May 29, 2025

How Kenya’s crypto bill could reshape the digital economy

May 29, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024