Auditor-General Nancy Gathungu and Controller of Budget (CoB) Margaret Nyakang’o have flagged Sh7.7 billion in commitment charges for loans tapped but not used over five years, warning of violations of prudent use of public funds.
The Auditor-General said the commitment fees relate to unused loans tapped between the 2020/21 and 2024/25 financial years for financial capital projects.
