Sh4.4bn loss leaves KWS technically insolvent

Auditor- General Edward Ouko. FILE PHOTO | NMG

The Kenya Wildlife Service (KWS) has accumulated Sh4.4 billion in losses that have left it technically insolvent, according to a newly-released report on the agency’s finances.

Auditor- General Edward Ouko says KWS, which is the primary State agency charged with wildlife conservation, reported a deficit of Sh680.5 million in the financial year ended June 2015, its latest audited period.

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