bank accounts Stories

CoB Margaret Nyakang’o admits error in Homa Bay County bank accounts report
Rachael Mutabasi  |  Sep 19, 2025

She added that the correction will be reflected in a revised edition of the Annual CGBIRR for 2024/25 to “maintain the integrity and accuracy of the p...

Nyakang'o flags huge financial risk as counties operate thousands of unauthorised accounts
Lucy Mumbi  |  Sep 18, 2025

Nyakang'o warned that the proliferation of multiple commercial bank accounts, especially without required approvals, leaves public funds highly vulner...

Controller of Budget uncovers 3,431 commercial accounts in counties
Maureen Kinyanjui  |  Jun 12, 2025

The counties with the highest number of accounts are Nakuru, Baringo, Machakos, and Embu, all running over 200 accounts each.

Availing of county budget details up, but key information remains hidden - survey
Alfred Onyango  |  May 23, 2025

Although more counties are releasing additional budget reports, the quality and comprehensiveness of these reports are not keeping pace.

Controller of Budget launches investigations into suspect bank accounts in counties
Lucy Mumbi  |  Feb 08, 2025

Nyakang’o said her office is scrutinising the accounts to determine when they were opened, who manages them, and their intended purpose.

Isiolo flagged for operating 13 accounts outside Central Bank
Waweru Wairimu  |  Jul 08, 2024

Regulations require that county government bank accounts be opened and maintained at the Central Bank of Kenya, except for imprest accounts for petty...

Senate Committee orders special audit of funds in Isiolo County
Maureen Kinyanjui  |  Jun 19, 2024

Isiolo Governor Abdi Hassan Guyo appeared before the committee to account for the county's expenditures on bursaries, emergency funds, and funds alloc...

Isiolo County flagged for operating six commercial bank accounts
Waweru Wairimu  |  Apr 29, 2024

A report shows that Sh27.11 million in personnel emoluments was paid manually, which is against the law.

Stay ahead of the news! Click ‘Yes, Thanks’ to receive breaking stories and exclusive updates directly to your device. Be the first to know what’s happening.