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Kenya Forum/News

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ODM Senator Issues 5 Demands Over Ksh1.3 Trillion Treasury Withdrawals

kenyans.co.ke/news/1...

submitted about 1 year ago by Samuelwriter_ke

ODM Senator Issues 5 Demands Over Ksh1.3 Trillion Treasury Withdrawals

submitted about 1 year ago by Samuelwriter_ke

ODM Senator Issues 5 Demands Over Ksh1.3 Trillion Treasury Withdrawals
  • Kisii Senator Richard Onyonka raised concerns about reports of irregular withdrawals totaling Ksh1.3 trillion from the Central Bank of Kenya by counties and national governments in seven months, seeking clarification on the legality, recipients, oversight, prevention measures, and impact of these transactions.
  • The Ministry of Treasury refuted the reports, explaining that while some transactions were not yet automated, strict oversight and compliance with financial regulations were maintained for all manual withdrawals processed by the Controller of Budget.
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