The sports category has moved to a new website.
ADVERTISEMENT

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 NGO Board has deregistered Nairobi Governor Evans Kidero’s Foundation over multiple financial irregularities.

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.

ADVERTISEMENT

Board members

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.

ADVERTISEMENT

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.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Details of Ambassador Daniel Koikai's work at the UN and several other countries

Details of Ambassador Daniel Koikai's work at the UN and several other countries

Ichung'wa learns tough lesson after etiquette lapse while meeting Ruto [Video]

Ichung'wa learns tough lesson after etiquette lapse while meeting Ruto [Video]

CS Kindiki announces Eid al-Adha public holiday

CS Kindiki announces Eid al-Adha public holiday

Policewoman burns her policeman husband to death over gambling addiction

Policewoman burns her policeman husband to death over gambling addiction

Details of senior cop gunned down at Makadara Law Courts & CJ Koome's reaction

Details of senior cop gunned down at Makadara Law Courts & CJ Koome's reaction

Judiciary reveals what transpired before magistrate Monica Kivuti was shot

Judiciary reveals what transpired before magistrate Monica Kivuti was shot

How former finance minister lost budget briefcase after drinking spree

How former finance minister lost budget briefcase after drinking spree

Police officer shoots magistrate during court session

Police officer shoots magistrate during court session

Blog: Treasury CS reveals how much gov't will borrow to finance 2024/25 budget
Live

Blog: Treasury CS reveals how much gov't will borrow to finance 2024/25 budget

ADVERTISEMENT