Kitui County Assembly orders forensic audit on KICOTEC after 39.5 million loss

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Kitui County MCAs now want a forensic audit done on KICOTEC. This is after the firm recorded a 39.5 million loss despite the good business enjoyed last year where they made Covid-19 PPEs, police, and chief’s uniforms.

The matter came up after the tabling of the Report by the Committee on Public Investment and Accounts on Vital disclosures on KICOTEC.

According to the committee chair, Alexandar Mbili who is also Kyangwithya East MCA revealed that a lot of irregularities had happened and even some property could not be traced.

“As a committee, we have noted that some of the items being purchased are overpriced and sourced from some companies. The way they keep their accounts records is not good at all. They don’t know the assets they have.” Mbili told the media.

“When you look at the deed it is under Syongila Youth polytechnic and not KICOTEC. There is no clarity on how when money is collected it is taken to the bank. What worries us is up to June last year they recorded a 39.5 million loss and we saw they sold a lot of items.” The Public investment and accounts chair went on.

In April 2020, KICOTEC was granted approval by the Government to make masks to aid in fighting the spread of COVID-19. At that time, masks were in high demand and it was seen as an opportunity for the Kitui based firm to make good profits.

In June, A section of Kitui County MCAs asked the County Government of Kitui to clearly show accountability on how it has been using money which they get after selling face masks to different organizations, Government departments, and other customers from KICOTEC.

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In November 2020, KICOTEC staff went on strike demanding 2 months salary a pointer that things were not good at the Kitui based firm.

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