The facility was initially estimated to cost Sh2.3 billion. However, MPs were informed that the contractor is now seeking almost double the original contract value, with the disagreement having proceeded to arbitration.
By Maureen KinyanjuiAccording to the audit findings, the college recorded spending on goods and services amounting to Sh15,691,282, with Sh5,948,284 processed through cash transactions that went beyond the allowed threshold of Sh50,000 per item per year under the Public Procurement and Asset Disposal Regulations, 2020.
By David Bogonko Nyokang'iMurang’a Teachers Training College has told MPs it is addressing Auditor-General concerns over land and biological asset valuation, budget under-absorption, and allowances paid without legal backing, before the National Assembly committee for the FY ending June 30, 2025.
By David Bogonko Nyokang'iBriefing the lawmakers, the Auditor General’s report read, “The statement of comparison of budget and actual amounts reflects final receipts budget and actual amount on a comparable basis of Sh1,503,865,584 and Sh1,794,814,789 respectively, resulting in an overperformance of Sh290,949,205 or 19 percent of the budget.”
By David Bogonko Nyokang'iWhen the University’s Vice Chancellor, Nathan Ogechi, appeared before the Public Investments Committee on Governance and Education, lawmakers were told that the Auditor-General’s report confirmed that the institution failed to fully comply with prescribed public sector accounting reporting frameworks.
By David Bogonko Nyokang'i