Auditor queries Transport ministry over Sh2 billion

Auditor queries Transport ministry over Sh2 billion

October 19, 2018

The Transport ministry failed to disclose Sh2 billion proceeds from foreign borrowing, an audit of the ministry records reveals. Statements of receipts sent to Auditor General Edward Ouko showed Sh24,746,958,749 in respect of proceeds from foreign borrowing while the total journal entries indicated Sh27,541,044,073. Taxpayers’ may have lost Sh2,794,085,323 resulting from the nondisclosure. “The correctness […]

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