223 300
Nairobi Governor Johnson Sakaja’s led administration is now on the spot for approving 2.1 billion shillings to Nairobi Water Company without adhering to PFM Act sec142 [a].
In a session with Nairobi Assembly Budget Committee, it was discovered that Nairobi City Water and Sewage Company did not follow the PFM act before settling in 2.1 billion loan request.
The Company intends to use the loan in settling workers’ pension debt.
Majority Whip Moses Ogeto warned that they will not approve the said loan until Nairobi Water conforms with the law.
“No rubber-stamping this time round they must tell us why they want to borrow without following laws.The PFM Act section 142 is very clear that you can only borrow 5% of you recent collection which translates to 600 million shillings.” The session chair Moses Ogeto told the media.
“The buck stop with him.We don’t understand why Kerich allowed such to pass without following the laid down laws.We shall not be used as puppets ….our job is oversight.” Ogeto added.
Nairobi Water is in debt mess with the entity going for the 2.1 billion loan to settle workers’ pension.”Ogeto added.