Public universities have lost over Sh14bn through waste, graft
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The report by the Auditor-General covering the year ending June 2022, highlights significant lapses in oversight, weak financial systems and misappropriation of public funds.
Report by Auditor-General Nancy Gathungu covering the year ending June 2022, highlights significant lapses in oversight.
Weak systems and a failure to account for substantial sums of money were widespread, according to Ms Gathungu.
An audit report has revealed deep-rooted financial mismanagement, waste and corruption in public universities that may have led to the loss of over Sh14 billion.
The report by Auditor-General Nancy Gathungu covering the year ending June 2022, highlights significant lapses in oversight, weak financial systems and misappropriation of public funds.
