Kidero’s foundation engaged in multiple financial irregularities – NGO Board
The board’s executive director Fazul Mahamed said the foundation hadbreached several sections of the Non-Governmental Organisations Coordination Act.
The board’s executive director Fazul Mahamed said the foundation had breached several sections of the Non-Governmental Organisations Coordination Act.
In a letters addressed to the foundation, the Directorate of Criminal Investigations (DCI), the Assets Recovery Unit, the Ethics and Anti-Corruption Commission (EACC) and the Central Bank of Kenya, Mahamed wrote that the foundation had failed to file tax returns and was operating unauthorised bank accounts.
However, the governor said its foundation is yet to receive the NGO Board’s letter of deregistration and that all the information sought by the Kenya Revenue Authority had been provided and cleared.
The board noted that the foundation had transacted millions of shillings despite the fact that it did not have any known donor on record.
Also of interest to the board in its investigations is the composition of the foundation’s directors, some of whom are also senior officials of the Nairobi County Government.
The Nairobi County Public Service Board Chairman, Phillip Opondo is registered as the foundation’s chairman as the county’s Chief of Staff George Wainaina is its secretary.
Kidero himself is a board member of the foundation.
The Board now wants the CBK to freeze the foundation’s assets pending investigations and an assets audit of the firm as it seeks an audit of all its assets.
"The CBK, the Financial Reporting Centre and the Family Bank Kilimani branch are advised to preserve all funds held under the Evans Kidero Foundation until further communication from this office," the letter read in part.
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