Senators have once again expressed their frustration over the repeated absence of Treasury Cabinet Secretary John Mbadi from the Senate plenary sessions. Nandi Senator Samson Cherargei was at the forefront of this concern, accusing Mbadi of undermining the Senate’s oversight role by constantly deferring his appearances. The tension unfolded during a heated sitting on Wednesday,
A former fraud expert with extensive experience in the National Treasury has raised serious concerns over Kenya’s borrowing under President William Ruto’s government. Bernard Muchere, a certified fraud examiner with over forty years of service at the Treasury, claims that in the past three years, the government has borrowed a total of Sh4.2 trillion. According
The e-Citizen platform, which was supposed to make it easier for Kenyans to access government services like paying for IDs and licenses, and other essential government services is now being linked to a massive financial scandal. An audit report by the Auditor General has found that over Ksh 11 billion may have been moved from
The National Treasury has announced a new plan to change how the government manages money, starting in July. The goal is to make government spending more efficient, reduce corruption, and improve how services are delivered to the public. This plan, called the Treasury Single Account (TSA), will bring all government funds into one central system,
The National Treasury is planning to sell part of its 35 percent ownership in Safaricom, which is Kenya’s largest telecommunications company. Via a post on X by The Kenya Times, treasury Cabinet Secretary John Mbadi stated that the government’s share in the company is valued at about Ksh280.5 billion. This move is aimed at helping
Treasury Cabinet Secretary John Mbadi has finally responded to growing concerns from Members of Parliament over the delay in releasing the National Government Constituencies Development Fund (NG-CDF). This follows a tense appearance before the National Assembly on Wednesday, April 16, just a day after he was summoned. MPs had threatened to take serious action if