Auditor General Nancy Gathungu before the National Assembly's Cohesion Committee at Continental House,Parliament,Nairobi . April 15th,2025. [Elvis Ogina,Standard]
Auditor General Nancy Gathungu has raised questions on Sh4.8 billion interest payment incurred by donor funded projects in the Financial Year 2023/24 which could have been avoided.
During the year under review, Gathungu said the audit revealed that avoidable interest payments amounting to Sh4.8 billion were incurred across 17 donor funded projects due to delayed settlement of certified works and contractor’s invoices.