Business
From July 1, 2020. Taxpayers Will Have To Pay 228million For Auditor General’s Rent.
For the second year in a row, Treasury has failed to provide a budgetary allocation to the office of Auditor-General to construct its headquarters at Bishops Road in Nairobi hence taxpayers will continue carrying the burden of the rent bill for the office of Auditor-General after the Treasury’s failure to allocate money for the construction of the Kenya National Audit Office headquarters in the financial year starting July 1.
The Treasury budget data shows the office of Auditor-General has been allocated Sh228 million under recurrent expenditure in rent for the financial year starting July 1, 2020.
The office has a development budget of Sh10 million but no cent of it is meant for the development of the headquarters and some regional offices in the next two financial years.
There are no projected budget estimates in the year 2022/23, meaning that the construction of the head offices both at the headquarters and in regional hubs will delay further.
The Auditor-General currently rents office space at Anniversary Building, which also hosts the Independent Electoral and Boundaries Commission offices.
The Treasury has also denied the Auditor-General money to build office blocks in Kakamega and Mombasa despite the initial allocation of Sh10 million and Sh60 million respectively.
The money was not released in the current financial year even though it was factored in the budget.
Only the construction of Eldoret and Embu office blocks have been funded in the next financial year.
Eldoret will get Sh18. 9 million in 2021/22 financial year and is projected to receive a further Sh93.3 million in 2022/23. The Treasury had allocated Embu office block Sh74 million but the block cost taxpayers Sh146.7 million in the current financial year.
The Treasury has allocated the office of Auditor General Sh49.3 million for construction of the Embu office block in the year starting July 1.
In a bid to devolve its audit function to enhance accountability in the use of public resources, the office of Auditor-General has established regional hubs
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
-
Business1 week agoSafaricom’s Sh1.4 Billion Reckoning: How Kenya’s Most Profitable Company Stole a Man’s Idea and Got Caught
-
Africa2 weeks agoThe $24 Million Heist at the End of the World
-
Business1 week agoTHE INSURER THAT TOOK YOUR PREMIUM AND FORGOT YOUR NAME: How ICEA Lion Left a Client Begging for Sh7.8 Million Across Four Months
-
Investigations1 week agoDenial Under Duress: The Untold Collapse Threatening David Lagat’s DL Group’s Empire
-
Business4 days agoThe Rot Inside Absa: How Bank Insiders Are Looting Nairobi’s Customers
-
Business1 week agoBush Air Safaris Founder John Ndiritu Risks Losing Property Over Disputed Loan Claim
-
Arts & Culture2 weeks agoKDC Accelerates the Creative Economy, Innovation and Youth-Led Enterprise Growth at Africa Forward Summit
-
Africa1 week agoStung By West Africa Rejections, France Courts Rest Of Continent at Kenya Summit
