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Friday, February 28, 2025

Ksh.179 million for European widows and orphans lying idle at CBK, Auditor General reveals

The Office of the Auditor General has raised concerns over millions of shillings lying idle at the Central Bank of Kenya (CBK) meant for catering to the widows and children of slain European officers in the East African Service.

According to Gathungu, the National Treasury had a balance of Ksh.179 million funds held at the CBK for the European Widows and Orphans Pension Fund by the end of the Financial Year 2023/24.

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