MPs warn Treasury over lapses in fiscal discipline, pension system delays

MPs warn Treasury over lapses in fiscal discipline, pension system delays

Legislators expressed concern over repeated lapses in leadership and gaps in accountability, stressing the need to protect citizens’ money.

The Special Funds Accounts Committee of the National Assembly intensified oversight on Tuesday, calling on the National Treasury to strengthen financial discipline and act swiftly on unresolved public resource issues.

Legislators expressed concern over repeated lapses in leadership and gaps in accountability, stressing the need to protect citizens’ money.

The committee, led by MP Rahim Dawood, summoned Treasury Principal Secretary Chris Kiptoo, who acknowledged past absences and the importance of the committee’s work.

He said, “I am aware of the demands of this office, and I commit to full cooperation moving forward.”

MP Dawood (North Imenti) recorded the dates of previous non-appearances, reinforcing Parliament’s responsibility to oversee public spending.

MP Kivasu Nzioka (Mbooni) pressed for guarantees that such delays would not recur, warning that persistent non-compliance could lead to tougher parliamentary sanctions.

Attention also turned to the Electronic Pensions Management Information System, which remains non-operational despite procurement and piloting.

Members stressed the severe impact on elderly Kenyans, who face emotional and financial strain after dedicating years of service.

The committee ordered Treasury to reconcile missing balances and submit a report within 14 days, highlighting audit findings that revealed worrying weaknesses in both system readiness and financial recordkeeping.

The MPs further challenged the handling of Sh1 billion that has been idle for over ten years in a fund without a board or fund manager.

They questioned why the money was not invested or redirected to urgent national priorities, describing it as a clear failure in governance and financial oversight.

Through these sessions, the committee reiterated its commitment to ensuring that all public funds are properly managed, accounted for, and used to serve the people effectively and transparently.

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