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. PREMIUM 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 Court saves taxpayers Sh120bn in Moi-era supplier claim PREMIUM Why Gachagua’s DCP is not ready to work with Ukombozi coalition PREMIUM Asbestos trap in top schools PREMIUM 'Imperfect is not illegal': Why Housing Levy survived court test 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 PREMIUM How Sankaran is making maths simple for millions of learners Nirmala Sankaran built a platform to help children face math with confidence instead of fear. IEBC expands diaspora voting to 26 countries Commission chairman says mapping of more countries has been approved to boost participation by Kenyans abroad. PREMIUM Why tap water is turning green in homes around Lake Victoria Lake that feeds taps, fishermen and millions of livelihoods across East Africa is getting greener.
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.
PREMIUM 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.
PREMIUM How Sankaran is making maths simple for millions of learners Nirmala Sankaran built a platform to help children face math with confidence instead of fear.
IEBC expands diaspora voting to 26 countries Commission chairman says mapping of more countries has been approved to boost participation by Kenyans abroad.
PREMIUM Why tap water is turning green in homes around Lake Victoria Lake that feeds taps, fishermen and millions of livelihoods across East Africa is getting greener.