Here is the full list of 14 STATE FIRMS that have looted a whopping 14 billion taxpayers’ money-UHURU please, do something

DAILY POST: Here is the full list of 14 STATE FIRMS that have looted a whopping 14 billion taxpayers’ money-UHURU please, do something News 06:06

Thursday November 29, 2018-At least 14 State Corporations lost a whopping Sh14 billion of taxpayers’ money in the last financial year.

This comes even as there were earlier proposals to disband some of the parastatal and merge some; a move that would have saved us the 14 billion which was lost just like that. The lost funds are more than three times the allocations to the countrywide free maternity healthcare programme that is meant to reduce maternal deaths. Top on the list is the Kenya Railways Corporation (KRC) and Nzoia Sugar Company, which has been “sick” since its establishment 40 years ago.                                                              Ksh(Millions) Kenya Railway Corporation         5,638 Nzoia Sugar                                      3,319 Post Bank                                          1,165 South Nyanza Sugar                       1,611 Agro-Chemicals                               702 Consolidated Bank                          336 Agricultural Dev. Corporation     281 Kenya Meat Commission               228 Jomo Kenyatta Foundation          118 Postal Corporation                         83 Tourist Finance Corporation        32 UoN Enterprise                                59 Sunset Hotel                                     48 Kenya Safari Lodges                       32

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