An analysis by CSBAG based on the Auditor General’s report revealed that a total of shillings 930 billion was invested in private companies without following proper procedures.
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Civil Society Budget Advocacy Group (CSBAG) executive director Julius Mukunda criticised the Government for lacking due diligence and failing to demonstrate clear value for money before making these investments. (Credit: Ivan Tsebeni)
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#CSBAG #High-risk investments #Civil Society Organisations #Julius Mukunda
Civil Society Organisations (CSOs) have urged the Government to stop investing large sums of money in high-risk ventures and capital-intensive projects that have delivered little value to the