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The Kenyan Parliament is currently investigating serious allegations of financial mismanagement and misappropriation of funds. Kenyans are reportedly concerned about the Treasury's proposed budget of 4.82 trillion for the 2026/27 financial year. A motion to withdraw the retirement benefits of former Kenyan President Uhuru Kenyatta has ignited widespread public anger. Meanwhile, Kenyan banks have frozen billions of shillings after closing a staggering 78.7 million dormant accounts, with institutions grappling with inactive balances.
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