Budget Controller's revelations renew fears over Ruto's multibillion funds
Controller of Budget Margaret Nyakang'o has said her office has no visibility over billions of shillings collected through key government funds and levies, including the National Infrastructure Fund and the Sovereign Wealth Fund, renewing fears about transparency in the Ruto administration's multibillion-shilling financial vehicles.
Speaking on Citizen TV, Nyakang'o said the Office of the Controller of Budget (CoB) cannot track how money collected through these standalone funds is spent because they operate outside the Consolidated Fund, the government's central account.
Premium Article
Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
What you get
- Unlimited access to all premium content
- Ad-free browsing experience
- Mobile-optimised reading
- Weekly newsletters & digests
KioskNews shows a cleaned-up reading view extracted from the publisher’s page — the original always lives on their site, not ours.