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.

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.

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.

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Nairobi woman rep aspirant Wangui B hits out at Passaris over nomination formular

Nairobi woman rep aspirant Wangui B hits out at Passaris over nomination formular

Wanjigi arrested in dramatic raid [Video]

Wanjigi arrested in dramatic raid [Video]

Body dumped outside GSU Recce headquarters

Body dumped outside GSU Recce headquarters

Wanjigi releases CCTV footage of DCI raid at his office

Wanjigi releases CCTV footage of DCI raid at his office

Guinea PM pitches for Conde at party election convention

Guinea PM pitches for Conde at party election convention

Pulse Uganda launches operations in Uganda, offers content creators variety partnerships

Pulse Uganda launches operations in Uganda, offers content creators variety partnerships

Two Kenyan ladies steal Sh400,000 from Ex-US soldier

Two Kenyan ladies steal Sh400,000 from Ex-US soldier

IG Hillary Mutyambai gives update on Dennis Itumbi’s abduction case

IG Hillary Mutyambai gives update on Dennis Itumbi’s abduction case

Kenya to establish new mission in Budapest, Hungary

Kenya to establish new mission in Budapest, Hungary