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{
    "id": 1459939,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1459939/?format=api",
    "text_counter": 221,
    "type": "speech",
    "speaker_name": "Navakholo, ODM",
    "speaker_title": "Hon. Emmanuel Wangwe",
    "speaker": null,
    "content": "The Committee observed and noted with concern that the five highlighted corporations did not possess title documents for land and buildings in their occupation. A case in point, is Kenya Medical Training College (KMTC), which did not possess titles for the 19 listed parcels of land with a total acreage of 248.68 at the headquarters and constituent colleges valued at 350,735,000, and Kenyatta University Teaching, Referral and Research Hospital (KUTRRH) which does not possess title and ownership documents for 100 acres of land that it sits on. You can imagine an institution like KUTRRH sitting on land without a title deed, with the massiveness of the infrastructure that is built on it. KMTC does not possess title deed for various parcels of land, valued at Ksh227,642,500 and yet, it is the headquarters of Kenya Medical Research Institute (KEMRI) with a size of 8.083 hectares. KEMRI also has 1.34 hectares next to Kenyatta National Hospital; 2.705 hectares in Kilifi; 2.023 hectares in Kwale; 2.4282 hectares in Mbagathi Road and 4.047 hectares in Taita Taveta. All those parcels of land are owned on paper but are without title deeds. It should be noted that under the International Public Sector Accounting Standards (IPSA), you can only put figures to paper if at all you have the ownership documents, so that you can say: “These are our assets.” And you can imagine where they have placed all the five institutions. What does it translate into? They cannot value the land. The Committee further observed that KUTRRH does not possess ownership documents of the said 100 hectares that it sits on, and it cannot value the said land because they have no title for it. Therefore, whatever they state in their books today cannot be authenticated. All the five institutions cannot be authenticated. The Committee has recommended that within three months, upon the adoption of this Report, the accounting officers of the affected State corporations should liaise with the Cabinet Secretary for the Ministry of Land, Public Works, Housing and Urban Development, and the National Land Commission, to fast-track the process of securing ownership documents for the corporation land. The accounting officers of the affected State corporations should report to the National Assembly within a period on their status. We also recommended that the accounting officers of the various State corporations should ensure that the entities' assets are valued periodically. Once they get the title deeds, they should proceed to value the assets periodically, and the actual values included in the financial statements. The fair value of land should be disclosed in the financial statements in accordance with the International Public Sector Accounting (IPSA) reporting standards. We also saw, as a generality in the reporting, delays in availing documentation to the Auditor-General. It is against the law, and especially Article 26 of the Constitution and Section 68(2) of the Public Finance Management Act, 2012, not to avail documents to the Auditor- The electronic version of the Official Hansard Report is for informationpurposes only. A certified version of this Report can be obtained from the Hansard Editor."
}