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MPs on the spot for failing to wind up 8 dormant funds
The National Assembly has opened public participation for two bills which form part of the conditions attached to the Sh139 billion soft loan secured from the World Bank. FILE PHOTO | JEFF ANGOTE | NMG
The Auditor-General Nancy Gathungu has questioned delays in the winding up of eight dormant funds, including those created in the colonial era, whose closure the Cabinet sanctioned two years ago.
Ms Gathungu says despite the Cabinet approving the winding up of the eight dormant national government public funds on March 2, 2021, the National Assembly had not cleared their dissolution.