Jul
11
2024
0
PUBLIC UNIVERSITIES EMBEZZLED SH14 BILLION, AS REVEALED BY THE AUDITOR GENERAL.
A report provided by Auditor General Nancy Gathungu indicated substantial financial mismanagement in public colleges, potentially resulting in a loss of more than Sh14 billion in taxpayer monies.
According to the research, numerous universities failed to properly account for large sums of money spent, revealing catastrophic financial mismanagement within the country's present financial crisis.
The list with unexplained spending contained:
