Details of Billions of Idle Funds in Kenya’s US, UK Embassies Emerge
The purchase of a prime property in London by the Kenyan government is linked to the funds...
✨ Key Highlights
Kenyan Members of Parliament have raised concerns over Ksh1.8 billion in unutilized funds across Kenya's embassies in the United States, the United Kingdom, and Ethiopia. The Public Accounts Committee (PAC) summoned Foreign Affairs Principal Secretary Korir Sing'oei to explain the substantial balances.
- The Ksh1.8 billion was identified by the Auditor General in the State Department for Foreign Affairs' financial statements for the year ending June 2023.
- PS Sing'oei stated the funds in Washington, D.C., are for contractor retention and ongoing refurbishment, while funds in London are for the purchase of a Chancery property.
- Of the total, approximately Ksh1.7 billion is tied to the London Chancery property deal, with the delay attributed to awaiting Attorney General's concurrence for a conveyancing lawyer.
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Scrutiny on Kenya's Debt, Idle Embassy Funds, and KRA System - September 2025
The International Monetary Fund (IMF) explained that nations like Kenya will continue borrowing due to high debt burdens and a lack of cheaper financing, noting it has provided nearly $69 billion to the region since 2020. Separately, Kenyan Members of Parliament have raised concerns over Ksh1.8 billion in unutilized funds at Kenya's embassies in the United States, the United Kingdom, and Ethiopia. The Public Accounts Committee (PAC) summoned the Foreign Affairs Principal Secretary to explain these balances. In another development affecting national revenue, the Kenya Revenue Authority (KRA) announced an 8-hour scheduled maintenance for its Integrated Customs Management System (iCMS) for the upcoming weekend.
