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Originally published by Kenyanstop
September 28, 2026
1h ago
County on the Spot Over Ksh96 Million Held by Bank for 7 Years

The governor was at pains to explain why Ksh96 million remained untouched in a bank for more than seven years...
✨ Key Highlights
Machakos County is facing scrutiny over Ksh96 million held by a bank since 2019 as security for an employee loan scheme.
- Ksh96 million in public funds is held as collateral by SBM Bank.
- The Senate Committee on County Public Investments and Special Funds raised concerns about the arrangement.
- Employees receiving loans are also required to provide personal security, drawing further criticism.
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