The Auditor-General Nancy Gathungu has flagged out a massive Kshs.31Milion spent on allowances for board meetings at the Kenya Water Towers Agency (KWTA).
The Auditor raised queries over the payments to Board members for attending 78 meetings in 2019, way above the permissible four (quarters) annual meetings per year.
The Auditor-General also questioned the meetings in view of the fact that the Agency did not have an Annual Work plan to justify the high number of meetings. The State Corporation Act caps the number of board meetings at four per year spread quarterly.
The Mwongozo code of governance that governs operations of state corporations makes it for annual work plan mandatory.
The Auditor, Ms. Gathungu also raised the red flag over the inefficiency of the fund’s management of Ksh.50 million given under the Water Towers Conservation Fund. The funds are lying idle at the Central Bank. The water agency is mandated to coordinate and oversee the protection, rehabilitation, conservation, and sustainable management of water towers.
The Auditor General’s reports have increasingly highlighted questionable expenditures at various public institutions, exposing rampant corrupt dealings and suspect expenditure, which point at gross disregard for procurement and public finance management regulations, which lead to loss of public funds.