
A senior private auditor says Kenya lost $26.1m through corrupt deals in a government programme meant to provide subsidised maize to the country's poor.
Philip Kinisu, Kenya CEO of PricewaterhouseCoopers, says the money was lost when a government agency sold subsidised maize to ghost companies and sold more than had been authorised. Kinisu says delays in maize imports also forced the country to pay a higher price than planned.
Kinisu spoke to journalists on Thursday.
The government hired PricewaterhouseCoopers in August to audit its subsidy programme. The programme was mired with allegations of corruption, causing a public outcry that forced the government to call in private investigators.
- SAPA