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    Gachagua named Deputy President

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    Gachagua named Deputy President

    Azimio manager nursing injuries in fight over a bootylicious attendant 

    Kibunja takes over as DCI director personnel

    Fight over 2GB memory card leads to death of a minor

    How Ruto plans to transform Agriculture when he takes over presidency

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    2 Police officers facing robbery with violence charges

    Bishop Gakuyo fingered for interfering with Jubilee Party nominations in Thika

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  • Business
    KenGen adds 400 megawatts geothermal power

    KenGen adds 400 megawatts geothermal power

    Why DP Ruto’s bottom up economic model will fix Uhuru’s mess

    Why DP Ruto’s bottom up economic model will fix Uhuru’s mess

    Kenyan based jobtech Ajiry gets a continental shortlisting

    Kenyan based jobtech Ajiry gets a continental shortlisting

    KenGen drills the 7th Well in Ethiopia

    KenGen drills the 7th Well in Ethiopia

    Here’s how Metropolitan National Sacco makes it easy for you to save; get a loan

    Racist Chandarana Store on the spot again

    Racist Chandarana Store on the spot again

    Centum Real Estate says Mzizi Project Over Booked

    Centum Real Estate says Mzizi Project Over Booked

    KenGen completes repairs at Olkaria II Geothermal Plant

    KenGen completes repairs at Olkaria II Geothermal Plant

    Opinion: My Journey with Centum Investments CEO Dr. James Mworia

    Opinion: My Journey with Centum Investments CEO Dr. James Mworia

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    DCI having a great moment at Bishop Luigi Locati children’s home

    Tragic Road Accident Claims Lives of Two Upcoming Instagram Influencers

    Professor Jay’s health continues to deteriorate: This is how he landed in ICU

    VIDEO: David Murathe’s son takes over Eric Omondi’s ex-girlfirend Chantal Grazioli

    Raunchy socialite seeking endorsement by ODM for Nairobi Women Rep seat 

    KoT exposes Rose Muhando’s Sexcape in Kenya

    KoT exposes Rose Muhando’s Sexcape in Kenya

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    Viral Video of a couple having a quickie on the Roadside

    Viral Video of a couple having a quickie on the Roadside

    KOT reacts after a man’s dead Uncle started weeping

    KOT reacts after a man’s dead Uncle started weeping

  • Lifestyle
    Zainab: My horrible experience in Zanzibar as a young solo female traveler

    Zainab: My horrible experience in Zanzibar as a young solo female traveler

    DCI having a great moment at Bishop Luigi Locati children’s home

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    3 most evil Kenyan women leading corporates

    3 most evil Kenyan women leading corporates

    Video: How bouncers undressed a man over 55K bill

    Video: How bouncers undressed a man over 55K bill

    Photos: Burglars raid Muthaiga Homes

    Photos: Burglars raid Muthaiga Homes

  • Politics

    Why DP Ruto’s youth centric economy is selling

    How Ruto plans to transform Agriculture when he takes over presidency

    Raila is too old and idealess to be president

    Raila is too old and idealess to be president

    Bishop Gakuyo fingered for interfering with Jubilee Party nominations in Thika

    Uproar In Wa Iria’s Usawa Party Over Irregular Ticket Issuance

    Voters petition ODM to nullify all certificates awarded to Alego Usonga MCA nominations winners

    Why DP Ruto’s bottom up economic model will fix Uhuru’s mess

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MMUST: Ksh31 million fraud exposed

Dokta Wanz by Dokta Wanz
August 16, 2021
in News
Reading Time: 2 mins read
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The auditor-general has exposed a multi-million fraud at Masinde Muliro university(MMUST)

Masinde Muliro University of Science and Technology(MMUST) books indicate an irregular expenditure of Sh32 million in the year to June 2020.

READ ALSO

Gachagua named Deputy President

Azimio manager nursing injuries in fight over a bootylicious attendant 

The expenditure arose from penalties for late remittance of employees National Social Security Fund (NSSF) deductions during the period under review.

Auditor-General Nancy Gathungu points out that there is no evidence that disciplinary action has been taken against the culpable officers.

“Consequently, the Sh32,110,568 for late remittance of employees NSSF deductions amounts to waste of public funds,” she said in the audit report.

The penalties relate to the years 2008 to 2019.

The revelation highlights the deepening cash flow crisis in Kenya’s institutions of higher learning brought by a sharp fall in the number self-sponsored students in recent years.

Under law, statutory deductions such as payroll taxes, retirement benefits and insurance premiums for employees should be remitted during the year they are made.

“The MMUST management did not avail any evidence of measures taken to avert recurrence of such delay,” notes Ms Gathungu.

In July, the University of Nairobi revealed it owes the Kenya Revenue Authority (KRA) Sh7.2 billion amid ballooning pending bills.

Data from the Ministry of Education tabled in Parliament shows that public universities have failed to remit employee dues amounting to Sh34 billion owing to cash flow challenges.

The universities have outstanding remittances to the Kenya Revenue Authority, National Health Insurance Fund (NHIF), National Social Securities Fund (NSSF), pension scheme dues, insurance premiums and sacco contributions.

Remittance of statutory, loan and members’ deductions to saccos and banks are mandatory employer obligations.

Funding for public universities has been hit by a sharp fall in the number self-sponsored students in the past three years.

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