Caption for the landscape image: Why Gathungu has rejected plans to write off Sh6bn Hustler Fund debts Saturday, June 07, 2025 Scroll down to read the article Auditor-General Nancy Gathungu. Photo credit: Dennis Onsongo | Nation Media Group By David Mwere Correspondent Nation Media Group Article Related Auditor-General Nancy Gathungu has criticised plans by the government to write off more than Sh6 billion in loan defaults from the controversial Hustler Fund, citing ‘unresolved issues’. Ms Gathungu raised the red flag as she appeared before MPs who are members of the Budget and Appropriations Committee (BAC) of the National Assembly. PREMIUM Hustler Fund: State wants Sh5bn more after defaulters vanish The fund risks losing between Sh5 billion and Sh6.3 billion after nearly 10 million Kenyans defaulted. PREMIUM Auditor-General questions plan to write off Sh6bn Hustler Fund debts Nancy Gathungu raises red flag over government’s plan to write off Hustler Fund debts. Concern as Kenyans fail to repay Sh18.4bn Hustler, Women's funds Auditor-General Nancy Gathungu has previously raised questions about the management of the fund. PREMIUM Back to basics: Ruto on push to revive ‘hustler pledges’ The President has re-embarked on implementing his pet projects targeting the majority poor. PREMIUM Hustler Fund loans cut by 93 percent to Sh800m Government threatens to blacklist defaulters as disbursements to the Fund fall sharply. . Recommended for you PREMIUM Cash-strapped TUK given 30 days to pay Sh6.4bn pension debt PREMIUM Why 7,000 land disputes remain stuck at NLC PREMIUM Cops gone rogue: Inside a trail of jailbreaks PREMIUM Sh500m fines, parental consent: New tough social media rules for children, providers Login to join the discussion Please enable JavaScript to view the comments powered by Disqus. In the headlines Elections News Counties Business Opinion Sports Life & Style Health Podcasts Photos Newsletters Puzzles Tanzania arrest leads to Sh3.6bn drug haul recovery in Kwale Two Tanzanians, Ugandan arrested in Sh3.6bn drug bust. PREMIUM Why MPs want a say in village elders’ selection MPs' push exposes battle for control of 106,000-strong grassroots army ahead of 2027 elections. PREMIUM What next for Matiang’i as Ongwae’s new party raises stakes in Gusii Ongwae says his party believes in neither the “one-term” nor the “two-term” narrative.
PREMIUM Hustler Fund: State wants Sh5bn more after defaulters vanish The fund risks losing between Sh5 billion and Sh6.3 billion after nearly 10 million Kenyans defaulted.
PREMIUM Auditor-General questions plan to write off Sh6bn Hustler Fund debts Nancy Gathungu raises red flag over government’s plan to write off Hustler Fund debts.
Concern as Kenyans fail to repay Sh18.4bn Hustler, Women's funds Auditor-General Nancy Gathungu has previously raised questions about the management of the fund.
PREMIUM Back to basics: Ruto on push to revive ‘hustler pledges’ The President has re-embarked on implementing his pet projects targeting the majority poor.
PREMIUM Hustler Fund loans cut by 93 percent to Sh800m Government threatens to blacklist defaulters as disbursements to the Fund fall sharply.
Tanzania arrest leads to Sh3.6bn drug haul recovery in Kwale Two Tanzanians, Ugandan arrested in Sh3.6bn drug bust.
PREMIUM Why MPs want a say in village elders’ selection MPs' push exposes battle for control of 106,000-strong grassroots army ahead of 2027 elections.
PREMIUM What next for Matiang’i as Ongwae’s new party raises stakes in Gusii Ongwae says his party believes in neither the “one-term” nor the “two-term” narrative.
