Maasai Mara University Leads in financial irregularities
The Auditor-General Nancy Gathungu’s audit report revealed significant financial mismanagement, corruption, and wastage in public universities in Kenya, resulting in a projected loss of more than Sh14 billion by June 2022.
Maasai Mara University in has been identified for financial misconduct totaling more than Sh3 billion.
Discrepancies consisted of Sh287 million missing between financial statements and bank accounts, Sh113 million in expenses without support, and extravagant spending like Sh6 million on trips to Dubai and Zanzibar for university council members.
The report states that they did not provide evidence of travel, such as invitation letters, copies of air tickets, boarding passes, and other details, for audit.
Moi University also did not explain the whereabouts of Sh1.6 billion, which includes Sh34.4 million given to unidentified lawyers for legal fees and Sh46.8 million spent on field courses.
Egerton University in Nakuru County was discovered to have an unauthorized bank overdraft of over Sh239 million.
The organization also neglected to send employees’ salary deductions amounting to Sh6 million, leading to financial pressure and repeated employee protests.
Other universities identified include the Technical University of Kenya, which was flagged for doubtful expenditures totaling Sh1 billion, and the University of Kabianga, which had unexplained expenses amounting to Sh877 million.
Kenyatta University made headlines for Sh835 million in irregular expenditures, with Sh430 million being used for its formerly operational Kigali campus.
JKUAT incurred a loss of Sh3.3 million due to a dental chair not being delivered, and also made unauthorized payments for acting and special duty allowances.
The audit discovered that a total of Sh559 million was improperly spent by nine universities on allowances, overpayments, penalties, and unnecessary legal expenses.
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