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How KCB CEO Joshua Oigara Helped Interior Ministry Cartels Loot Ksh. 8.6 Billion From The Ministry



KCB CEO Joshua Oigara

The auditor general has raised concerns over the use of more than Sh8.6 billion at the Interior ministry.

In an audit report between 2013 and 2017, Ouko said the Interior Ministry has been running an illegal account bank account at Kenya Commercial Bank, Moi Avenue.

The auditor said the examination of the availed bank statements revealed the Interior ministry had transferred Sh8,696,113,050 to bank account No.1109896077 at Kenya Commercial Bank (KCB) Moi Avenue Branch between June 2013 and January 2017.

Ouko said despite these massive transactions, the Fred Matiang’i-led ministry did not disclose the account.

“The Ministry opened and has been operating bank account No.1109896077 at KCB contrary to Section 28(1) of the Public Finance Management Act, 2012 which requires the authority of the National Treasury to open and operate bank accounts,” he said.

Ouko added, “The Ministry does not maintain a cash book, bank reconciliations and related payment records in support of cash transfers and withdrawals from the account, contrary to Regulations 90 and 104 of the Public Finance Management (National Government) Regulations, 2015”.

Ouko said it had been established that the ministry’s financial statements for the year ending June 30, 2016, did not disclose the balance in the said account.

I now appeal to the public to give me more details on this corruption and this KCB account, just like sources leaked Joshua Oigara’s bank statements. My contacts are below

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