Sharp Daily
No Result
View All Result
Friday, September 19, 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

Kenya Anti-Doping CEO suspended over financial mismanagement claims

Huldah Matara by Huldah Matara
December 19, 2024
in News
Reading Time: 1 min read

The Anti-Doping Agency of Kenya (ADAK) has announced that its Chief Executive Officer, Ms. Sarah Shitube, has been placed on a 90-day compulsory leave following allegations of financial mismanagement. The decision was made during a Special Full Board Meeting held on December 16, 2024, chaired by Bishop Joseph Kagunda, the Chairman of the Board.

According to the Board, Ms. Shitube failed to exercise due diligence in fulfilling her fiduciary duties. Specifically, she was cited for authorizing unsupported payments in contravention of the Public Finance Management Act (2012) and the Public Procurement and Disposal Act. “This omission has occasioned a raft of pending bills that ought not to be there in the first place,” stated the letter signed by the Board Chair.

The letter further emphasized that such actions are in violation of Section 74(1) of the Public Finance Management Act (2012), which mandates strict adherence to accounting and procurement controls. The Board remarked, “The failure to comply with these acts constitutes an unlawful and negligent use of public funds, especially in cases where circumstances warrant prudence.”

In the interim, Ms. Peninah Wahome, Director of Standards and Compliance, has been appointed Acting Chief Executive Officer. Ms. Wahome is expected to oversee ADAK’s operations while the Board investigates the pending issues. The Board has instructed Ms. Shitube to hand over all office responsibilities, including bank account mandates, to her successor immediately.

RELATEDPOSTS

No Content Available

This move underscores ADAK’s commitment to upholding transparency and accountability. “As a public institution, we remain committed to ensuring that resources are used efficiently to meet our mandate,” Bishop Kagunda affirmed.

The Board has also notified key government officials, including the Cabinet Secretary for Youth Affairs, the Principal Secretary for the National Treasury, and the Attorney General, to provide oversight during the transition period.

 

Previous Post

Start Small, grow big: How CMMF empowers everyday savers

Next Post

4,888 affordable housing units unveiled with open day tours

Huldah Matara

Huldah Matara

Versatile multimedia journalist with a keen interest in compelling stories that resonate with my audience. Reach out on huldahmatara12@gmail.com

Related Posts

News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025
Private equity investment business concept
News

Private equity and insurance

September 4, 2025
News

Kick financial goals: Invest with CMMF this football season

August 22, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025

LATEST STORIES

Ways the KRA can leverage technology to stay ahead of smugglers

September 18, 2025

Evaluating Defined Benefits and Defined Contributions

September 18, 2025

Airbnbs or Ubers? The first-time investor in Nairobi

September 18, 2025

Fed cuts rates for first time since 2022

September 18, 2025

Sustainable mixed-use developments in Kenya

September 17, 2025

Real Estate project financing models shaping successful developments

September 12, 2025

Alternative investments: Opportunities and risks

September 12, 2025

Mid-September momentum: CMMF posts strong yields and growing trust

September 12, 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