[Wilberforce Okwiri, Standard]Kenya has until tomorrow midnight to reveal the names of owners of companies that benefited from the controversial Sh7.8 billion Kemsa scandal. A report by Auditor General Nancy Gathungu on the procurement scandal at Kemsa revealed that Sh2.3 billion was lost in procuring Covid-19 medical supplies. The audit found numerous violations of the Procurement and Public Finance Management Acts and inefficiencies in the procurement process. Investigators from the EACC found that several laws on public procurement were flouted during the awarding of the tenders. Thus, Kenya will have to publish the beneficial owners of all companies that win public contracts and ensure transparency and accountability in procurement.

Source: Standard Digital June 29, 2021 04:30 UTC