Controller of Budget Exposes Fraud Worth Billions at the Treasury

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Wednesday, November 1, 2023 –Controller of Budget CoB Margaret Nyakang’o has exposed how the National Treasury is propagating corruption through civil servants’ pay slips.

Appearing before the Parliamentary Committee of Finance on Tuesday October 31, the CoB revealed the dirty tricks are used by officials at the National Treasury to exaggerate civil servants pay slips so that to steal from them.

She explained that, a few months ago when she noticed that her annual pay had been spruced up three times more than what she gets from the Treasury, she confronted the officials there seeking answers as to why this had happened.

“Exaggerations in in the National Treasury.

“Let me give one example. When I was doing the budget for Consolidated Fund Services where my salary stays, I found out that my salary was budgeted at three times more than what I receive. I am the only State officer in my institution and, therefore, there is nothing like confusion there,” she told the committee.

Nyakang’o added that her question, to date, went un-answered despite documents from the Treasury which she had stumbled upon indicated the open fraud.

“I asked them why my budget was showing three-times more than what my annual salary is. And it was like that to all the State officers,” she added.

Asked by the Parliamentary Committee what answer she got from the Treasury officials over the theft, Ms Nyakango said, no one had bothered to explain this to her.

“What was the answer?” the Committee chair asked.

The Controller of Budget responded saying, she is yet to receive any response on the matter.

“I have not received the answer todate,” she responded.

Kenyans are now piling pressure on the President and the Ethics and Anti-corruption Commission EACC to fast track the claims and punish any culprit taking part in the internal fraud at the Treasury.

“President William Ruto should earmark Treasury as Crime Scene. The claims by CoB Margaret Nyakang’o should be investigated. We must fight budgeted corruption,” one social media user noted.

Another one said, such acts of economic sabotage and impunity are rampant at the Treasury and, if not stopped now and perpetrators punished, Kenyans will continue grappling with the burden of foreign loans and under-development amid increased taxes.