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Kenya’s Auditor-General Reveals Misuse of Development Loans

Auditor-General Nancy Gathungu. Stock.
  • Audit exposes potential misuse of KES1.13 trillion in development loans
  • President Ruto initiates committee to audit KES11 trillion national debt

Kenya’s Auditor-General has revealed in a special audit that the country may be using part of the trillions of shillings tapped as development loans to fund recurrent needs, undermining the intended outcomes of such debts. This revelation comes as President William Ruto has set up a committee to audit the country’s over KES11 trillion debt.

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