The government is unable to account for millions of shillings collected through President Uhuru Kenyatta' s Covid- 19 task force, which was established in 2020, according to Treasury Permanent Secretary Julias Muia.
According to Auditor General Nancy Gathungu, the fund had collected Sh1. 3 billion by December 31, 2020.
The public fund established under the PFM Act was illegally converted into a private limited company, according to MPs.
" We were not involved in what was going on in the company as National Treasury, " Muia explained.
Surprisingly, Treasury PS was supposed to be the fund' s administrator according to the Legal Notice that established the fund, but that changed after it was granted private status.
" The bank account was never made available to us, " the PS added.
President Uhuru Kenyatta appointed the 12- member team in March 2020.
MPs are looking into the whereabouts of money raised by Kenyans to aid in the country' s fight against the Covid- 19 pandemic.
" If the legal notice was issued to establish the fund under the PFM Act, when did the decision to register it as a private company take place? " Opiyo Wandayi, the chairman of the PAC asked.
" I have never seen anything like this, where something has both the character of a public entity and the character of a private entity at the same time, " Opiyo further added.
This comes years after another Covid- 19 dcandal hit the country after more than 4 billion shillings disappeared into unknown hands.
Some political leaders allied to President Uhuru Kenyatta and Raila Odinga, were accused by DP Ruto' s allies of being behind Kemsa scandal, which let to lost of billions of money.
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