The auditor general has revealed significant inconsistencies and documentation failures at the Communication Authority of Kenya (CA), which could jeopardise billions of shillings in public assets.
The findings emerged during a probe by the Public Investments Committee on Social Services, Administration, and Agriculture (PIC-SSAA), chaired by Navakholo MP Emmanuel Wangwe.
According to the 2020 to 2024 audit reports, inflated land valuations, unclear ownership records, and questionable financial reporting raise serious concerns about the CA's accounting practices.
At the centre of the issues is a reported land asset value of Sh15.96 billion for the CA's headquarters in Nairobi. "This figure is significantly overstated and raises serious doubts about the credibility of the Sh15.96 billion valuation," stated Agnes Kamau from the Office of the Auditor General.