Corruption threatening to roll back gains of devolved governance


Report: 47 counties have over Ksh 110B in assets, Ksh 57B in liabilities

Corruption is threatening to roll back gains secured after adoption of the devolved system of governance.

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Devolution Cabinet Secretary Eugene Wamalwa is calling for enhanced collaboration between government agencies and professional bodies such as the Institute of Certified Public Accountants of Kenya to tame the vice.

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Over Ksh 300 billion of public cash in Kenya is said to be lost to corruption annually.

This is despite involvement of professionals such as accountants, auditors and engineers.

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Devolution Cabinet Secretary Eugene Wamalwa believes adherence to both professional code of conduct and the constitution would help reduce cases of wastage of public resources.

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Accountants are being challenged to come up with solutions that will help revive the economy that has been ravaged by the current corona virus pandemic.

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They made the remarks in Mombasa during the 36th annual conference for the Institute of Certified Public Accountants of Kenya.

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