Nearly Sh1.3 billion or 90 percent of the taxpayer-funded car loan scheme for Members of Parliament (MPs) and parliamentary staff has been reallocated to their mortgage scheme in shift prompted by low interest in motor vehicle purchases.
The annual report for the Parliamentary Car Loan Scheme Fund for the year ended June 2025 shows that the amount was transferred in two tranches—Sh1 billion in the 2023/2024 fiscal year and Sh300 million in 2024/2025— boosting the Parliamentary Mortgage Fund.
