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{
    "id": 1545995,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1545995/?format=api",
    "text_counter": 98,
    "type": "speech",
    "speaker_name": "Sen. Osotsi",
    "speaker_title": "",
    "speaker": {
        "id": 13588,
        "legal_name": "Osotsi Godfrey Otieno",
        "slug": "osotsi-godfrey-otieno"
    },
    "content": "Thank you, Mr. Deputy Speaker, Sir, for this opportunity. First of all, let me commend the Committee of CPAC for the great Report they have tabled before us, which has very good information. I think the experiences of CPAC are similar to the CPIC which I had. Issues of late submission of document which is contrary to Section 62.2 of the Public Audit Act, is a common issue in all the counties. I think it is a matter that we need to have a way of dealing with, even if it involves invoking the penalties under Section 62 of the Public Audit Act. Mr. Deputy Speaker, we have also seen a trend of inaccuracies, errors, incompleteness in financial statements that are audited by the Office of the Auditor-General. This is because accountants or finance managers in our various counties are not doing their work professionally. I want to agree with the CPAC that it is time that these officials comply with the provisions of the Public Sector Accounting Standards Board. Where they do not comply, then we need to invoke the provisions of Section 8 and 10 of the Accountants Act (2008), which may also include getting assistance from the professional body; the Institute of Certified Public Accountants of Kenya (ICPAK) on dealing with the misconduct. Mr. Deputy Speaker, let me go to the Report in reference to my county of Vihiga. I am very sad as a Senator of Vihiga County that a whopping Kshs3.4 billion, which is just Kshs2 billion less than our shareable revenue, cannot be accounted for. The amount is facing fiduciary risk. An amount of Kshs3.4 billion shillings is not small money. This is out of the following; non-disclosure of commission earned from payroll services. This is where they give services to circus or third-party people, a whopping Kshs 4.3 million cannot be accounted for."
}