Connect with us

Development

Sh87M Grant For Farmers In Nyamira Lying Idle For 2 Years In Accounts Unutilized

Published

on

Nyamira Governor Amos Nyaribo

The Nyamira County Government is under pressure to explain why they have not utilised Sh87 million grant to boost the agriculture sector for the last two years.

Members of County Assembly (MCAs) are now demanding answers regarding the funds that had been allocated to support farmers.

County Assembly Speaker Moffat Teya sought an explanation from the Executive through the Assembly’s Finance Committee on why farmers were suffering when money was lying idle in a bank account.

“We need to know why the monies are lying idle in the bank account for two years. The executive in charge of Finance and Planning is required to appear before the committee on Finance to give details on this matter within 14 days,” Speaker Teya said during the Thursday session.

Assembly members now want the executive to explain why the money had not been put to use and demanded that the Finance department ensures the money was utilised.

The money was given as a grant to the county government for the financial year 2018/2019 under the Devolution Support Programme.

This is not unusual story from the counties, if we’re to borrow from text book scripts of how county officials are fleecing coffers, this money is not lying idle but in a bank somewhere generating profits.

How does this kind of theft happen? Counties receive money from the treasury directly to the county’s bank accounts, officials cut deals with bank executives to keep the money for sometime to accrue interest. So it’s good business for the bank, they have cash to loan and maintain their financial flows, crooked county officials on the other hand smile all the way to the bank for their cut off the profits made.

Related Content:  Petition Seek To Probe China Roads and Bridge Corporation In SGR Sh777B Overpayment

So if Nyamira County officials are serious, if investigative officials are serious, one of the areas they can possibly find their answers is the bank account where the money is being held. It’s an immoral matrimony that banks have wuth County officials nowadays.

EACC has in the past said in a report that Nyamira is the County with most graft claims they’ve received despite being one of the poorest in the region yet with the highest potential for agriculture.

Members of the county executive committee, chief officers, directors and enforcement officers have been on the watch-list for amassing wealth through corrupt deals.

Reports indicate some of the officers h


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

? Got a Tip, Story, or Inquiry? We’re always listening. Whether you have a news tip, press release, advertising inquiry, or you’re interested in sponsored content, reach out to us! ? Email us at: [email protected] Your story could be the next big headline.

Advertisement
Investigations4 weeks ago

Forged Legacy: How Kaplan and Stratton’s Peter Gachuhi Is Accused of Faking a Top AG’s Will as State Claims Damning Evidence

Investigations3 weeks ago

Inside Details Of Sh78 Billion Fraud in KPC’s Mombasa-Nairobi Line 5 Pipeline Project That Has Continued To Bleed The Country

Business3 weeks ago

Sold And Abandoned: How Diageo and Asahi Are Locking Kenya’s EABL Minority Shareholders Out Of East Africa’s Biggest Corporate Heist

Business3 weeks ago

Poison at the Pump: How Kenya’s Fuel Marking System May Be Exposing Millions to Cancer-Causing Chemicals

Business4 weeks ago

THE HANDSHAKE THAT BECAME A NOOSE: How Tuju’s Alleged Intimate Access to EADB’s Yeda Apopo Produced a Sh294 Million Deal With No Written Contract, and Why That Trust Destroyed an Empire

News2 weeks ago

The Lawyer at the Centre of Kenya’s State Machine: Eric Gumbo, the AG’s Bypassed Office, and the Half-Billion-Shilling Question

Business4 weeks ago

How Firm Linked To Mombasa Tycoon Jaffer Was Allowed To Import Fuel At Bloated Price And Set To Make Billions In Profits From Iranian War Crisis In Kenya

Investigations3 weeks ago

THE ZAKHEM-ECOBANK MACHINE: How Kenya’s Courts Were Weaponised to Drain a State Corporation of Over KES 78 Billion

Investigations3 weeks ago

The Teflon Company: How Gulf Energy’s Insiders Built Billions on Kenya’s Fuel, and Walked Away Clean

News4 weeks ago

The Debt They Would Not Pay: How Standard Group Ducked Sh50 Million In Regulatory Fee For Years, Then Called It A Witch-Hunt

Facebook

Most Popular

error: Content is protected !!