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KMC risks losing Sh290 Million in budgetary allocation - 6 days ago, 16:43

Laban Wanambisi

, NAIROBI, Kenya, May 15 – The Kenya Meat Commission (KMC) risks losing a Sh290 million budgetary allocation earmarked for the modernization programme after a parliamentary committee questioned its status.

Agriculture Committee Chairman Adan Haji directed the KMC Board and management to submit the audited financial statements for the last three year after it emerged that the government-owned meat processor had only spent Sh125 million out of Sh500 million that it been allocated in the 2017/18 budget.

“This contract was drawn up in 2017, if there was goodwill from the government to privatize KMC, and then it is now already two and half year and there is no such talk as for privatization. If it is there then it is with Treasury and those who have conceived the idea of privatization.”

“So what we wanted to know from KMC, is before we even think of allocating anymore funds they have to tell us ...
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