How Billions Controller of Budget Margaret Nyakang’o Released Were Used

3 mins read

Controller of Budget Margaret Nyakang’o on Tuesday tabled in Parliament details of how retired President Uhuru Kenyatta’s regime pushed her to approve Sh15.5 billion funding under duress.

In the documents tabled before the National Assembly Public Petition Committee, Nyakang’o told MPs that the Former Cabinet Secretary for Treasury Ukur Yatani pushed her to approve funding for two state departments in violation of the constitution.

She revealed that Yatani had pushed her to approve Sh6 billion to cater for the exit of Helios Investment in Telkom Kenya threatening her that in the event she failed President Uhuru Kenyatta would personally call her.

The Controller of Budget gave a detailed breakdown of how she was forced to approve Sh9.2 billion which was approved by the National Treasury under Article 223 to the State Department for Infrastructure.

In July 2022, the office of the Controller of Budget approved Sh2.8 billion as the additional budget for the improvement of the Lamu-Ijara-Garissa Road.

In the same month, the National Treasury invoked under Article 223 to approve the additional budget for the dualling of the Nairobi Eastern By-Pass for Sh4.8 billion and the Construction of Makupa Causeway for Sh1.85 billion.

Nyakango told the committee that the Yatani-led docket utilized monies from the Annuity Fund to fund the Sh9.2 billion project for the State Department of Infrastructure.

The maize subsidy stood at Ksh. 4billion which was given to millers to lower the cost of unga while the Level 5 Forces Hospital (Kanyonyo and Mbagathi) which President Ruto launched last week was handed Sh2.2 billion.

The revival of Nzoia Sugar company took Ksh. 500 million, which was made public in a meeting in Western Kenya.

 Sh 6 billion was used to cater for the exit of Helios Investment in Telkom Kenya.

Office operations for the Office of the President stood at Ksh 810 million while country’s security operations at Ksh. 125 million. NMS payment of pending bills took Ksh. 411million.

Secondary education quality improvement project at ksh. 4.121 billion, and the subsidy at Ksh. 16.597 billion which was to cushion Kenyans from the effects of the war in Ukraine. However, the money, despite being approved on 31st August 2022, it was released on 16th September by the Ruto adminstration.

Leave a Reply

Your email address will not be published.

Previous Story

Police Barricade All State House Link Roads Ahead of Mass Protests

Next Story

How Did DP Gachagua’s Loads of Cash Shipped from Wilson Airport Turn into this Sad Joke?

Latest from Blog