Education Cabinet Secretary Julius Ogamba was yesterday taken to task over the financial crisis and mismanagement at the University of Nairobi and the Technical University of Kenya (TUK).
Ogamba who appeared before the National Assembly committee on Education was required to give a recovery plan for the two institutions that the House teams described as being on the verge of collapse.
This was after it emerged that that the University of Nairobi was grappling with Sh13.6 billion in pending bills while TUK was also chained down by Sh12.9 billion in pending bills owed to creditors.
According to documents tabled before the Tinderet MP Julius Melly-led committee, university of Nairobi owed Sh4.07 billion to KRA, Sh7.78 billion in default of pension contributions, Sh25.6 million to NSSF, Sh21.02 million to the Housing levy, Sh28.77 to staff bank loans, 20.89 million to Chuna Sacco Sh4.5 million to Insurance companies and a further Sh7.3 million in staff welfare.
