FEATURED STORY

‘Broke’ Auditor General Pleads for More Funding

Share
Auditor General of the Supreme Audit Institution (SAI) of Kenya, Nancy Gathungu
Auditor General of the Supreme Audit Institution (SAI) of Kenya, Nancy Gathungu swearing in.
Share

The Auditor General of the Supreme Audit Institution (SAI) of Kenya, Nancy Gathungu has raised concern that her office scored poorly in international ratings due to inadequate funding.

The Office of the Auditor General is funded through annual allocations proposed by the National Treasury and approved by the National Assembly. She put forward that a system that will enhance its position should be implemented.

Nancy suggested two funding models. The first is based on a percentage of the total national budget where the funds due to the office would rise proportionally to the expansion of the budget.

Alternatively, she proposed the creation of a special kitty for the office. The fund would be protected from arbitrary adjustments by both Parliament and National Treasury, both of which are subject to audit requirements

“If we were adequately funded, we would be able to do in-year audits, raise issues and give recommendations so that reports published before the end of each financial year will be properly amended and the necessary measures taken,” she said.

Auditor General Nancy Gathungu
Auditor General Nancy Gathungu

READ>>>>>KRA Issues Corporate Tax Guidelines Following End of Relief Measures

With a broad constitutional and legal mandate, the Supreme Audit Institution emphasized the need for additional financing to enhance service delivery and guarantee autonomy.

“This is one area where we have scored poorly in international rating. The National Treasury is the one that decides our allocation but it is one of our key clients,” she said in a recent interview.

She asserted that if the office was not adequately funded, it would erode all other forms of independence gained through constitutional and legal means.

SEE ALSO>>>>>Higher Taxes Pile on Kenyans’ 2021 Woes as Govt Plots Ksh3 Trillion Budget

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Follow Us

Related Articles
What to Know about President Ruto’s Planned Nationwide Livestock Vaccination Programme
FEATURED STORYNEWS

What to Know about President Ruto’s Planned Nationwide Livestock Vaccination Programme

The nationwide livestock vaccination programme “against diseases,” planned for January next year,...

2024 SkyTeam Aviation Challenge
FEATURED STORY

Kenya Airways Shortlisted for 2024 SkyTeam Aviation Challenge

Kenya Airways (KQ) is the only African airline that has been shortlisted...

Affordable Housing Project
FEATURED STORY

Govt Puts Up For Sale 4,888 Affordable Housing Units: Here’s The Full List And How To Buy

The government has put up for sale 4,888 affordable housing units across...

Geraldine Sande, Channel Sales Leader for Schneider Electric East Africa
FEATURED STORY

How Working With ‘Glocal’ Original Equipment Manufacturers Can Empower East Africa’s Channel Partners For Success

Channel partners in East Africa, including resellers, distributors, system integrators and panel...