The National Assembly Committee on Finance and National Planning is scrutinizing the East African Development Bank (EADB)'s operations in Kenya, demanding appearances from its directors and the National Treasury Cabinet Secretary.

• The committee requires clarification on why the EADB, which operates as a financial institution, is not supervised by the Central Bank of Kenya (CBK).
• Former Cabinet Minister Raphael Tuju raised concerns about the East African Development Bank (Amendment) Bill (National Assembly Bill No. 33 of 2026), particularly clauses allowing deemed approval of funding requests and broad immunity for bank employees.
• Concerns were also raised that the EADB has received billions of taxpayer money but has never declared dividends, prompting questions about its accountability framework and lack of regulation.