Moi University seeks bailout as pending bills hit Ksh.9bn

Moi University has disclosed that it is struggling with Ksh9 billion in pending bills and persistent financial deficits dating back to 2014, which continue to jeopardize its operations. Appearing before the National Assembly Committee on Education, Professor Kiplagat Kotut, the u..

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Moi University is seeking a Ksh.9 billion bailout to settle pending bills and address persistent financial deficits that have impacted its operations since 2014.

The university requires an additional Ksh.1.9 billion for recurrent expenditure in the 2026/27 fiscal year.
The acting Vice-Chancellor, Professor Kiplagat Kotut, presented the financial crisis to the National Assembly Committee on Education.
The committee also reviewed allegations of financial mismanagement and is awaiting a comprehensive report on governance reforms and the pending bills.