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Forensic Audit report has revealed that N11.9 billion of public funds were carted away from the treasury of Kwara between 2011 and 2019 without any lawful tie to any project or programme. | Pulse Nigeria

Forensic Audit report has revealed that N11.9 billion of public funds were carted away from the treasury of Kwara between 2011 and 2019 without any lawful tie to any project or programme.

"The audit also showed that N2 billion cash withdrawals not tied to any project or official expenditure were made within eight days in February 2019, barely one month to the general election."

About N12billion was allegedly stolen from the Kwara State’s treasury between 2011 and 2019, an audit report by the state government has shown. “The audit also showed that N2billion cash withdrawals not tied to any project or official expenditure were made within eight days in February 2019, barely one month to the 2019 general elections,” Rafiu Ajakaiye, the current Kwara State governor's principal press secretary, said in a Thursday statement.

At least N11.9bn of public funds were carted away from the treasury of Kwara State between 2011 and 2019 without any lawful tie to any project

Russia heads for historic default on external loans: S&P

The difference, CRA says, has not been explained, raising questions on Kenya’s debt sustainability ahead of the 2022 budget.

The difference, CRA says, has not been explained, raising questions on Kenya’s debt sustainability ahead of the 2022 budget.

The disbursement is part of a three-year programme the Kenyan government has with the IMF to address the country’s debt vulnerabilities.

The disbursement is part of a three-year programme the Kenyan government has with the IMF to address the country’s debt vulnerabilities.