The party received the billions in the nine months to June 2017 from membership, nomination and aspirants petition fees as well as donations.
The Sh1,106,833,000 excludes Sh145.9 million that the Jubilee Party received from the State-backed Political Parties Fund in the period under review.
This put the total net income at Jubilees’ campaign disposal at Sh1,252,744,336.
President Uhuru Kenyatta’s ruling Jubilee Party raked in Sh1.1 billion ahead of August 8, 2017, General Election, effectively ensuring a campaign war chest that propelled him to re-election for a second and final term.
The party received the billions in the nine months to June 2017 from membership, nomination and aspirants petition fees as well as donations.
The Sh1,106,833,000 excludes Sh145.9 million that the Jubilee Party received from the State-backed Political Parties Fund in the period under review. This put the total net income at Jubilees’ campaign disposal at Sh1,252,744,336.
Data contained in the financial statements of the party for the nine months period ended June 30, 2017, and presented to Auditor General Edward Ouko for audit shows that Jubilee minted Sh621,839,141 from nomination fees alone.
The political party, whose secretary-general is Cabinet secretary without portfolio Raphael Tuju, also pocketed Sh538,000 from nomination dispute petition fees.
Jubilee received Sh387.3 million from donations and members contributions to the party ahead of the General Election.
The ruling party members forked out a total of Sh97 million in membership fees.
“The year under review saw us undertake double nominations…Sh719,698,501 was raised from aspirant’s registration and nomination fees. Contributions from elected Members, their arrears thereto and donations amounted to Sh387,334,192. During the year, we had a total income of Sh1,252,744,336 against total expenses of Sh1,441,002,394,” said Winnie Guchu, Jubilee Party executive director, in the annexes to the financial statements sent to Mr Ouko for audit.
In his audit dated August 2, 2018, and tabled in Parliament by Leader of Majority Aden Duale last Thursday, Mr Ouko reckons that Jubilee Party has weak internal controls, lacks key information technology governance and failed to prepare a budget as required by Public Finance Management Act, 2012.
“During the nine-month period under review, the party did not prepare a budget as required by the Act, which requires all public entities to prepare an annual financial budget and operate within the confines of the prepared budget,” Mr Ouko.
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