KSH. 6 Billion lost to Loan Penalties

  • | Citizen TV
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    Tonight, the Auditor General has flagged how the country is losing billions of shillings in financing from the non-utilization of foreign loans. Auditor General Nancy Gathungu reveals that the country lost 6.6 billion shillings over the last four years in paying commitment fees accrued from utilizing 304 billion shillings from foreign lenders.