Sharp Daily
No Result
View All Result
Tuesday, October 21, 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

Budget Controller Margaret Nyakang’o decries safety concerns and underfunding

Teresiah Ngio by Teresiah Ngio
September 19, 2024
in News
Reading Time: 2 mins read

Controller of Budget Margaret Nyakang’o has expressed concerns for her safety due to her efforts in exposing corruption within national and county governments.

Speaking to the Constitution Implementation Oversight Committee (CIOC) on Tuesday, Nyakang’o recounted the challenges she faces in her role, including an alleged abduction last year that she believes was an attempt to intimidate her.

“Sometimes I feel unsafe, but the law has protected me. I’m here to carry out my duties under the law,” she stated, reflecting on her experiences.

Nyakang’o recalled an incident in December 2023 when she was arrested on fraud charges and accused of operating a Sacco without a license. The arrest, which many saw as an attempt to remove her from office, occurred in Nairobi’s Central Business District. Unknown individuals stopped her vehicle and demanded that she record a statement.

RELATEDPOSTS

High Court continues Injunction preventing prosecution of CoB Margaret Nyakang’o

March 13, 2024

Embakasi gas station that exploded was declared illegal in 2020

February 2, 2024

They then took her on a seven-hour journey to Mombasa, where she was detained by local DCI officers and brought before the Mombasa Law Court. She was later released on KES 500,000 cash bail.

“The fact that I hold a protected office was ignored. I was abducted to Mombasa, yes members, I was abducted, but I’m here in the office without fear or favour,” Nyakang’o told the committee.

Despite the ordeal, she remains committed to her duties. Nyakang’o emphasized that her position as Controller of Budget is meant to ensure accountability in the use of public funds, a role she is determined to uphold despite the personal risks.

In addition to safety concerns, Nyakang’o highlighted the funding challenges her office faces, noting that they receive significantly less financial support compared to other government offices. “The Auditor-General’s office receives nearly KES 9 billion, while we only get KES 700 million for the entire year, despite covering the whole country,” she pointed out.

Previous Post

Adani paid KES 6.47 million for JKIA upgrade proposal review

Next Post

KNCHR demands accountability over police response at Multimedia University protests

Teresiah Ngio

Teresiah Ngio

Related Posts

News

Start Q4 strong with the Cytonn Money Market Fund

October 9, 2025
News

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025
News

Argentina’s crisis and Kenya’s lessons on political economy and market confidence

September 25, 2025
News

Kenya’s financial system remains stable but faces rising risks

September 25, 2025
News

Where do Kenyan stock returns come from? A napkin framework

September 19, 2025
News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025

LATEST STORIES

The Challenge of Preserving Retirement Savings in Kenya

October 16, 2025

Understanding Segregated vs Guaranteed Pension Schemes

October 16, 2025

The Sanlam-Jubilee deal

October 16, 2025

Kenya’s industrial real estate awakening

October 16, 2025

Stanbic Kenya in advanced talks to acquire NCBA: A game-changer in Kenya’s banking sector

October 16, 2025

CBK flags surge in financial fraud as losses triple to KES 1.6 billion

October 15, 2025

StanChart Kenya retirees face fresh legal stalemate over KES 7.0 billion pension payout

October 15, 2025

U.S. bank earnings take center stage amid government data freeze

October 15, 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