Companies

Parastatal bosses on the spot for breaching spend

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Ugunja MP Opiyo Wandai. FILE PHOTO | NMG

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Summary

  • Parliament has summoned chief executives of five State corporations that spent more than Sh370 million at source without the authority of the National Treasury.
  • The committee chaired by Ugunja MP Opiyo Wandayi directed Planning Principal Secretary Saitoti Torome to accompany the parastatal heads during the scrutiny.

Parliament has summoned chief executives of five State corporations that spent more than Sh370 million at source without the authority of the National Treasury.

The Public Accounts Committee (PAC) wants the heads of the Kenya National Bureau of Statistics, the Kerio Valley Development Authority, Lake Basin Development Authority, Tana and Athi Rivers Development Authority and Ewaso Nyiro North Development authority to appear before it for grilling.

The committee chaired by Ugunja MP Opiyo Wandayi directed Planning Principal Secretary Saitoti Torome to accompany the parastatal heads during the scrutiny of the expenditure.

Mr Wandayi said the five parastatal managers had breached the Public Finance Management Act and the provisions of the Constitution that require State entities to surrender all internally generated funds.