Homa Bay ex-governor Cyprian Awiti's regime gave staff Sh50m 'free' loans - News Summed Up

Homa Bay ex-governor Cyprian Awiti's regime gave staff Sh50m 'free' loans


The revelation was made during the Senate County Public Investments and Special Funds Committee meeting on Monday. Former Homa Bay County Governor Cyprian Awiti at a past function. The law requires the mortgage institution to charge security on the properties acquired through loans from the fund. Appearing before the committee, Governor Gladys Wanga admitted that there is no evidence that the borrowed money was actually refunded. “We only have the minutes of the car loan and mortgage committee that stipulated the executive was to borrow but did not stipulate timelines for refund.


Source: Daily Nation May 08, 2024 04:18 UTC



Loading...
Loading...
  

Loading...