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Sh600m budget hole stalls TA audit of local authority assets
Bakari Omara, chairman of the Technical Committee on Transfer of Assets and Liabilities at the Transition Authority. PHOTO | FILE
Efforts to audit the assets and liabilities of the defunct local authorities have stalled after the Transition Authority (TA) failed to raise Sh600 million for the exercise.
TA had invited bids for firms to undertake the audit to determine correctness, truthfulness, authenticity and credibility of the data collected.